A companys budgeted sales for last month were 10,000 units with a standard selling price of 19.50 per unit and a standard contribution of 8 per unit. Last month actual sales of 10,500 units at an average selling price of 20 per unit were achieved.

What was the sales price variance for last month?

Select one:

a.

5,000 Favourable

b.

5,250 Favourable

c.

5,000 Adverse

d.

5,250 Adverse