AA 21-1(Static) Company Analysis LO A1 Apple offers sales price discounts to college students....

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Accounting

AA 21-1(Static) Company Analysis LO A1
Apple offers sales price discounts to college students. Apple can use sales variance analysis to assess the effects of these sales
discounts. Assumed data for a local college follow.
AQ= Actual Quantity
AP = Actual Price
SP= Standard Price
SQ= Standard Quantity
Required:
& 2. Compute the sales price, sales volume and total sales variances and identify each as favorable or unfavorable.
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