D.The Maryland Teacup Company had a 2019 Budget of 600,000 teacups at a selling price of $12.50 per teacup.Budget unit costs were $4.20 for materials and $6.70 for labor.

In 2019 Maryland Teacup Company raised the selling price to $13.50 and sold 550,000 teacups.Actual unit costs were $4.10 for materials and $6.95 for labor.

Required:

Perform a price/volume variance analysis for 2019 for:

Sales

Materials

Labor