The Pottery shop produces and sells pots. The budget and actual results for the month of November are summarised as follows:

Sales volume	Original Budget 500 pots	Actual Results 750 pots
Sales	$60,000	$75,000
Variable costs	$10,000	$15,000 0,750
Fixed costs	$25,000	$30,000
Total costs	$35,000	$45,000
Net operating profit	$25,000	$30,000

1. The overall budget variance is

1. $5,000 favourable.
2. $5,000 adverse.
3. $10,000 adverse.
4. $20,000 favourable.

2. The sales volume variance is

1. $15,000 favourable.
2. $20,000 adverse.
3. $25,000 favourable.
4. $5,000 adverse.