Marigold Sports sells volleyball kits that it purchases from a sports equipment distributor. The following static budget based on sales of 1,860 kits was prepared for the year. Fixed operating expenses account for 74% of total operating expenses at this level of sales.

Assume that during the year Marigold Sports actually sold 1,953 volleyball kits during the year at a price of $45 per kit.

Calculage the sales price variance.

US Davis, Managerial Accountino, se CALCULATOR PRINTER VERSION BACK NEXT 5 Question Marigold Sports sells volleyball kits that it purchases from a sports equipment distributor. The following static budget based on sales of 1,860 kits was prepared for the year. Fixed operating expenses account for 74% of total operating expenses at this level of sales. Sales $93,000 Cost of goods sold (all variable) 55,800 Gross margin 37,200 Operating expenses 32,550 Operating income $ 4,650 Assume that during the year Marigold Sports actually sold 1,953 volleyball kits during the year at a price of $45 per kit. Calculate the sales price variance. (If variance is zero, select "Not Applicable and enter for the amounts.) Sales price variances Click if you would like to show Work for this question: Open Show Work LINK TO TEXT LINK TO VIDEO VIDEO: SIHILAR EXERCISE Question Attempts Unlimited SAVE POR LATER SUBMIT ANSWER Show All 28 A