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Mia Wiz sells computers. During May, it sold 3 0 0 computers at a $ 7 0 0 per unit price. The fixed budget for

Mia Wiz sells computers. During May, it sold 300 computers at a $700 per unit price. The fixed budget for May predicted sales of 350
computers at an per unit price of $650.
AQ= Actual Quantity
SQ= Standard Quantity
AP= Actual Price
SP= Standard Price
1&2. Compute the sales price variance and the sales volume variance for May. Identify it as favorable or unfavorable.
Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.Mia Wiz sells computers. During May, it sold 300 computers at a $700 per unit price. The fixed budget for May predicted sales of 350 computers at an per unit price of $650.
AQ = Actual Quantity
SQ = Standard Quantity
AP = Actual Price
SP = Standard Price
1&2. Compute the sales price variance and the sales volume variance for May. Identify it as favorable or unfavorable.
Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.
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