Marigold Sports sells volleyball kits that it purchases from a sports equipment distributor. The following static budget based on sales of 1,420 kits was prepared for the year. Fixed operating expenses account for 57% of total operating expenses at this level of sales.

Sales		$	71,000
Cost of goods sold (all variable)			42,600
Gross margin			28,400
Operating expenses			24,850
Operating income		$	3,550

Assume that Marigold Sports actually sold 1,491 volleyball kits during the year at a price of $36 per kit.

Calculate the sales volume variance for sales revenue and cost of goods sold. (If variance is zero, select "Not Applicable" and enter 0 for the amounts.)

Flexible Budget Sales Volume Variance Static Budget Unit Sales Sales revenue Cost of goods sold