Your answer is partially correct. Try again Vaughn Sports sells volleyball kits that it purchases from a sports equipment distributor. The following static budget based on sales of 980 kits was prepared for the year Fixed operating expenses account for 39% of total operating expenses at this level of sales Sales $49,000 Cost of goods sold (all variable) 29,400 Gross margin 19,600 17,150 Operating expenses Operating income $ 2,450 Assume that Vaughn Sports actually sold 1,029 volleyball kits during the year at a price of $34 per kit. Calculate the sales volume variance for sales revenue and cost of goods sold. (If variance is zero, select "Not Applicable" and enter 0 for the amounts.) Flexible Budget Sales Volume Variance Static Budget Unit Sales Favorable Sales revenue Favorable Cost of goods sold Unfavorable