Vaughn Sports sells volleyball kits that it purchases from a sports equipment distributor. The following static budget based on sales of 2.400 kits was prepared for the year. Fixed operating expenses account for 75% of total operating expenses at this level of sales. Sales $ 240,000 148,800 Cost of goods sold (all variable) Gross margin Operating expenses 91.200 80.000 Operating income $ 11.200 Assume that Vaughin Sports actually sold 2.100 volleyball kits during the year at a price of 5102 per kit. Calculate the sales volume variance for sales revenue and cost of goods sold of variance is zero, select "Not Applicable and enter for the amount kots during the year at a price of $102 per kit. Calculate the sales volume variance for sales revenue and cost of goods sold. (If variance is zero, select "Not Applicable and enter for the amounts.) Flexible Budget Sales Volume Variance Unit Sales Static Budget Sales revenue $ $ Cost of goods sold The following information is available for Waterway's Chocolates: Actual production 4,800 boxes Budgeted production 3,330 boxes L Direct Materials Standard 2 pounds of chocolate per box @ $5.00 per pound 8,600 pounds purchased @ $5.10 per pound Actual 9,100 pounds used (a) Calculate the direct materials price and quantity variances. (a) Calculate the direct materials pride and quantity variances. Direct material price variance Direct material quantity variance Attempt in Progress Vaughn Incasements manufadtures protective cases for MP3 players. During November, the company's workers clocked 870 more direct labor hours than the flexible budget amount of 25,490 hours to complete 100.600 cases for the Christmas season. All workers were paid $9.45 per hour, which was $0.45 less than the standard wage rate. Calculate Vaughn's direct labor efficiency variance. Direct labor efficiency variance S