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Exercise 8-23 Computing and interpreting sales variances LO A1 Comp Wiz sells computers. During May...

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Exercise 8-23 Computing and interpreting sales variances LO A1 Comp Wiz sells computers. During May 2017, it sold 700 computers at a $800 average price each. The May 2017 fixed budget included sales of 750 computers at an average price of $770 each. AQ = Actual Quantity SQ = Standard Quantity AP = Actual Price SP = Standard Price (1) Compute the sales price variance and the sales volume variance for May 2017 Actual Sales Flexible Budget Budgeted Sales $ 0 $ 0 0

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