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Farad Incorporated sells used trucks. During the month, Farad sold 53 trucks at price of $8,700 each. The budget for the month was to sell
Farad Incorporated sells used trucks. During the month, Farad sold 53 trucks at price of $8,700 each. The budget for the month was to sell 49 trucks at a price of $9,100 each. AQ= Actual Quantity SQ= Standard Quantity AP= Actual Price SP=Standard Price Compute the sales price variance and sales volume variance for the month and identify each variance as fovorable or unfovorable
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