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QS 21-21(Algo) Sales variances LO A1 Farad Incorporated sells used trucks. During the...

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Accounting

QS 21-21(Algo) Sales variances LO A1
Farad Incorporated sells used trucks. During the month, Farad sold 60 trucks at price of $8,600 each. The budget for the month was
to sell 55 trucks at a price of $9,100 each.
AQ= Actual Quantity
SQ= Standard Quantity
AP= Actual Price
SP= Standard Price
Compute the sales price variance and sales volume variance for the month and identify each variance as favorable or unfavorable.
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