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Mia Wiz sells computers. During May, it sold 400 computers at a $700 per unit price. The fixed budget for May predicted sales of
Mia Wiz sells computers. During May, it sold 400 computers at a $700 per unit price. The fixed budget for May predicted sales of 450 computers at an per unit price of $660. AQ = Actual Quantity SQ Standard Quantity AP = Actual Price SP=Standard Price as favorable or unfavorable. 1&2. Compute the sales price variance and the sales volume variance for May. Identify Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Actual Sales Flexible Budget Budgeted Sales
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