The following practice problem has been generated for you:
Determine the sales price variance, sales volume variance, and total variance for the following scenario:
Product 1: Budgeted Quantity = 5, Budgeted Price = $87.00, Actual Quantity = 5, Actual Price = $93.00
Product 2: Budgeted Quantity = 8, Budgeted Price = $90.00, Actual Quantity = 10, Actual Price = $42.00
Product 3: Budgeted Quantity = 7, Budgeted Price = $21.00, Actual Quantity = 6, Actual Price = $40.00