Flanders Ltd makes travel gadgets. The standard cost of making a travel gadget is as follows:

Direct material	4.40
Direct labour	1.90
Variable overheads	0.45
Fixed overheads	1.00
Standard cost	7.75
Selling price	20.00
Standard profit	12.25

Budgeted for March 2023 sales were 360,000. In March, in fact, 22,000 units were sold for 418,000. The sales price variance and the sales contribution volume variance for the month were:

Select one answer:

Sales price variance	Sales contribution volume variance
22,000 favourable	53,000 unfavourable

Sales price variance	Sales contribution volume variance
11,000 unfavourable	27,750 unfavourable

Sales price variance	Sales contribution volume variance
11,000 favourable	26,750 favourable

Sales price variance	Sales contribution volume variance
22,000 unfavourable	53,000 favourable