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A company had a standard sales price of $1.79 per unit and expected to sell 10,000 units. Due to a downturn in the economy, the
A company had a standard sales price of $1.79 per unit and expected to sell 10,000 units. Due to a downturn in the economy, the product was marked down to $1.59 per unit and the company only sold 9,500 units. Calculate the sales price variance.
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