A company uses standard absorption costing. The following data relate to last month:
                                                          Budget                     Actual
Sales and production (units)             1,000                        900
                                                        Standard                    Actual
                                                              £                              £
Selling price per unit                            50                             52
Total production cost per unit              39                             40
What was the adverse sales volume profit variance last month?
A   £1,000
B   £1,100
C   £1,200
D   £1,300

B

answer