Item to classify Sales Revenue Wages S&A Expenses Cost of Goods Sold Standard 820,000 125,000 400,000 608,000 Actual 835,000 128,000 408,000 600,000 The sales revenue flexible budget variance was: Multiple Choice $15,000 unfavorable. $7,000 favorable. $15,000 favorable. $7,000 unfavorable Item to Classify Sales volume Sales price Material usage Labor price Standard 100,000 units Actual 96,000 units 4 per unit3.90 per unit 0,000 gallons 12.50 per hour 42,000 gallons 12.45 per hour Which of the following statements is incorrect? Multiple Choice The sales volume variance is unfavorable. The materials usage variance is unfavorable. O. The sales price variance is favorable. The labor price variance is favorable