A company uses standard absorption costing. The following information was recorded by the company for October:

(a) The sales price variance for October was:(i) ??38 500 favourable(ii) ??41 000 favourable(iii) ?41 000 adverse(iv) ?65 600 adverse(b) The sales volume profit variance for October was:(i) ?6000 adverse(ii) ?6000 favourable(iii) ?8000 adverse(iv) ?8000 favourable(c) The fixed overhead volume variance for October was:(i) ?2000 adverse(ii) ?2200 adverse

(iii) ?2200 favourable(iv) ?4200 adverse

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Actual Budget Output and sales (units) Selling price per unit Variable cost per unit Total fixed overheads 8700 £26 £10 8200 £31 £10 £37 000 £34800