Farad Incorporated sells used trucks. During the month, Farad sold 51 trucks at price of...
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Farad Incorporated sells used trucks. During the month, Farad sold 51 trucks at price of $8,800 each. The budget for the month was to sell 47 trucks at a price of $9,400 each. AQ=ActualQuantitySQ=StandardQuantityAP=ActualPriceSP=StandardPrice Compute the soles price variance and sales volume variance for the month and identify each variance as favorable or unfavorable
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