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During the holidays, November and December, you saw there was a sale on your favorite bottles of Raspberry Sljivovica (a delicious brandy). It was sale

  1. During the holidays, November and December, you saw there was a sale on your favorite bottles of Raspberry Sljivovica (a delicious brandy). It was sale priced at $40 a bottle. You planned to buy ten bottles. When you got to the store they told you the sale was over and the price was the regular $50 a bottle. But they said the alcohol content was 50% instead of the usual 45%. So, maybe you dont need the same quantity per bottle to get that funny feeling. Anyway, the accountant in you calculated:
    1. A $100 favorable price variance.
    2. A $100 unfavorable price variance.
    3. You got what you paid for, there was no price variance in terms of your expectations and what you actually paid.

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