Question

A company budgeted to sell 6,000 units at a standard selling price of ₹25 per unit. During the period, it actually sold 5,500 units at ₹27 per unit. What is the Sales Price Variance?

A ₹11,000 (Favourable)
B ₹11,000 (Adverse)
C ₹12,000 (Favourable)
D ₹12,000 (Adverse)
E ₹13,750 (Favourable)
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