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White Mountain Sled Company manufactures children's snow sleds. The company's performance report for November is as follows. Actual Sleds sold Sales Variable costs Contribution margin

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White Mountain Sled Company manufactures children's snow sleds. The company's performance report for November is as follows. Actual Sleds sold Sales Variable costs Contribution margin Fixed costs 5,000 $240,000 150,000 $ 90,000 84,000 $ 6,000 Budget 6,000 $300,000 180,000 $120,000 80,000 $ 40,000 Operating income The company uses sales variance analysis to explain the difference between budgeted and actual sales revenue. Required: Compute the following variances and indicate whether each is favorable or unfavorable. (Select "None" for no effect (i.e., zero variance).) 1. November sales-price variance November sales-volume variance 2

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