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 = 2, Budgeted Price = $71.00, Actual Quantity = 3, Actual Price = $23.00
Product 2: Budgeted Quantity = 3, Budgeted Price = $64.00, Actual Quantity = 10, Actual Price = $82.00