Precinct and Weston Limited's sales budget for June 20X6 was 500 units at a standard selling price of £75.The actual price at which units were sold in the month was £78, and in total 510 units were actually sold. What was the sales price variance for June 20X6?

Question

Quizplus · Accepted Answer

Sales price variance = (actual selling price - standard selling price) x actual units sold
= (£78 - £75) x 510
= £1530 (F)

Therefore, the correct choice is C.

Precinct and Weston Limited's Sales Budget for June 20X6 Was