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 = 10, Budgeted Price = $36.00, Actual Quantity = 10, Actual Price = $61.00
Product 2: Budgeted Quantity = 2, Budgeted Price = $20.00, Actual Quantity = 6, Actual Price = $78.00
Product 3: Budgeted Quantity = 7, Budgeted Price = $70.00, Actual Quantity = 4, Actual Price = $63.00