multiple choice question, choose only one answer

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Bafta Ltd makes plasterboard panels (units). The standard cost of making each panel in 2019 is as follows: per unit Direct material (plaster) (6kg per unit @ 1 per kg) 6 Variable Overhead (0.1 hours per unit @ 20 per hour) 2 Budgeted sales and production in 2019 was 1,000,000 panels (units), budgeted sale price was 12 per panel and the budgeted fixed overheads was estimated at 1,100,000 per annum. Budgeted profit was calculated from the above figures as 2,900,000. Actual data for 2019 has been released as follows: Sales and production units 1,100,000 panels (units) 6.1 kg per unit @ 0.6 per kg (6710,000 kg Material Cost in total) 0.07 hours per unit @ 22 per hour Variable overhead Cost (77,000 hours in total) Fixed overheads 1,112,000 Sales price 10.50 per unit Profit 4,718,000 What is the sales price and Sales Volume variances? Select one: O a. Sales price: 1,500,000A and Sales Volume: 1,200,000A o b. Sales price: 1,650,000A and Sales Volume: 400,000F OC. Sales price: 1,500,000A and Sales Volume: 400,000F O d. Sales price: 1,650,000A and Sales Volume: 1,200,000F Which ONE of the following costs would be categorised as a fixed cost in a factory producing clothes? Select one: O a. Wages paid for production workers based on flexible hours they work o b. Salary paid to production health and safety officer O c. Electricity to power production machinery O d. Electricity used for lighting in the factory