Question - FlexCap Corp. had a favourable sales price variance of $4,800 for 2016. The company had budgeted for sales of 10 000 units at a sales price of $5 each. Actual sales in 2016 totalled 12 000 units.
What was the actual sales price per unit in 2016?
$4.57
$5.47
$3.57
$4.07