The following information relates to Spangle Industries:
Based on this information, calculate Spangle Industries sales price variance and sales volume variance.
Definitions:
Hyperinflation
An extremely high and typically accelerating inflation rate, eroding the real value of the local currency and causing the population to minimize their holdings of the money.
Reparations
Compensation awarded to individuals, groups, or nations for damages or injuries suffered, often as a result of war or oppression.
Germany
A country in Central Europe known for its rich history, cultural heritage, and as a major economic and political power in the European Union.
United States
A federal republic consisting of 50 states and located primarily in North America, known for its diverse culture and significant global influence.
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