Answer:
Sales price variance = $1,900.
Explanation:
We know,
Sales price variance = (Standard sales price - Actual sales price) × Actual sales quantity
Given,
Standard sales price = $1.79 per unit.
Actual sales price = $1.59 per unit.
Actual sales quantity = 9,500 units.
Putting the values into the formula, we can get
Sales price variance = (Standard sales price - Actual sales price) × Actual sales quantity
or, Sales price variance = ($1.79 - $1.59) × 9,500
or, Sales price variance = $0.2 × 9,500
or, Sales price variance = $1,900.
