Current Attempt in Progress Marigold Sports sells volleyball kits that it purchases from a sports equipment distributor. The following static budget based on sales of 3,000 kits was prepared for the year. Fixed operating expenses account for 75% of total operating expenses at this level of sales. Sales Cost of goods sold (all variable) Gross margin Operating expenses Operating income $ 300,000 180,000 120,000 40,000 $ 80,000 Assume that Marigold Sports actually sold 3,700 volleyball kits during the year at a price of $102 per kit. Calculate the sales volume variance for sales revenue and cost of goods sold. (If variance is zero, select "Not Applicable" and enter for the amounts.) Flexible Budget Sales Volume Variance Static Budget $ $ 2 $ Unit Sales Sales revenue Cost of goods sold