The following practice problem has been generated for you:
Determine the sales price variance, sales volume variance, and total variance for the following scenario:
Product 1: Budgeted Quantity = 5, Budgeted Price = $97.00, Actual Quantity = 6, Actual Price = $98.00
Product 2: Budgeted Quantity = 8, Budgeted Price = $100.00, Actual Quantity = 6, Actual Price = $43.00
Product 3: Budgeted Quantity = 7, Budgeted Price = $66.00, Actual Quantity = 8, Actual Price = $28.00