Question 1: Multiple Choice 10 Marks Choose the correct answer. 1. How much is the actual number of units sold for product 1 and 2? a) 10000 and 15000 b) 15000 and 11000 c) 11000 and 14000 d) 11000 and 10000 2. The sales price variance is calculated as ... a) (Actual quantity - standard quantity) Standard gross profit per unit b) (Actual price - Standard price) Actual quantity c) (Selling price - Actual price) Actual quantity d) (Standard price - Actual price) Standard quantity 3. How much will the sales price variance be for Product 1? a) R49 000F b) R50000U c) R50000F d) R100000F 4. How much will the sales quantity variance be for product 2 ? a) R3000F b) R2 000U c) R3000U d) R6 000F 5. How much will the total sales price variance (product 1 and product 2 ) be? a) R95000F b) R95000U c) R85000F d) R90000F