8.Davida Co. planned to sell 40,000 units of its only product for the year. Its target cost is $10.40 per unit, based on a desired return of 16% on the $1,600,000 invested to design and produce the product. The actual cost was $11.25 per unit and the actual selling price during the year was $15.75 per unit. The sales volume variance was 0.

What is the sales price variance?

Group of answer choices

$374,000 F

$214,000 F

$76,000 U

$42,000 U