In a recent year, BMW sold 216,744 of its 1 Series cars. Assume the company...
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In a recent year, BMW sold 216,744 of its 1 Series cars. Assume the company expected to sell 225,344 of these cars during the year. Also assume the budgeted sales price for each car was $32,000, and the actual sales price for each car was $32,200. AQ = Actual Quantity SQ = Standard Quantity AP = Actual Price SP = Standard Price Compute the sales price variance and the sales volume variance. Actual Sales Flexible budget Budgeted Sales
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