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Coca-Cola Company budgeted to sell 20,000 units of a product in June at a selling price of $2 per unit. However, the actual sales were

  1. Coca-Cola Company budgeted to sell 20,000 units of a product in June at a selling price of $2 per unit. However, the actual sales were 18,000 units at an average selling price of $1.80 per unit. Calculate the sales price variance and the sales volume variance.

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