In December 2010 the Farmer Corporation developed a sales budget for January 2009 that estimated the sale of 3,500 units at $200 per unit with a cost per unit of $124.On February 2 the report for January sales indicated that 3,650 units were sold at a sales price of $190 at a cost of $110.Given this information,calculated the sale price variance and the sales quantity variance for January sales and indicate whether they are favorable or unfavorable.What is your assessment of January's performance?
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