JAX Inc. In early 2012, JAX Inc. had budgeted for the production and sales of 5,000 units at a sales price of $15 per unit. The following information is available regarding the standard cost for each unit:

Direct materials:	1.50 pounds at $2.50 per lb
Direct labor:	30 minutes of assembly at $.20 per minute

Actual results for 2012 were determined to be as follows:

Number of units produced and sold:	5,600 units
Sales revenue:	$100,800 ($18 per unit)
Direct materials cost:	$22,848 (9,520 lbs purchased and used at $2.40 per lb)
Direct labor cost:	$38,192 (173,600 minutes at $.22 per minute)

Refer to the JAX Inc. information above. What was JAX Inc.'s sales price variance for 2012?

a. $15,000 U

b. $15,000 F

c. $16,800 U

d. $16,800 F