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Item #36 Karpoff Kremes (KK) planned to sell 40,000 Kings at $20 each and 20,000 Kweens at $15 each. Actual sales of the former were

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Item #36 Karpoff Kremes (KK) planned to sell 40,000 Kings at $20 each and 20,000 Kweens at $15 each. Actual sales of the former were 45,000 and 25,000 of the latter, at $19 and $16 respectively. Which is true of KK? The price variance is $20,000 favorable The quantity variance is $175,000 unfavorable The price variance is $20,000 unfavorable The quantity variance is $20,000 unfavorable None of the choices are correct

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