A company’s budgeted sales for last month were 10,000 units with a standard selling price of $20 per unit and a contribution to sales ratio of 40%. Last month actual sales of 10,500 units with total revenue of $204,750 were achieved.What were the sales price and sales volume contribution variances?
A.
5,250 adverse 4,000 favourable
B.
5,250 adverse 4,000 adverse
C.
5,000 adverse 4,000 favourable
D.
5,000 adverse 4,000 adverse