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Company C3 uses a flexible budget to analyze its performance and to measure the effect on operating income of the various factors affecting the difference between budgeted and actual operating income. The following management information is avaialble:
Sales: Actual 4416 units; Budget 6354 units
Sales: Actual $ 209662; Budget $ 346315
Variable costs: Actual $ 137280; Budget $ 194599
Fixed costs: Actual $ 459875; Budget $ 375498
The company's sales price variance for the period is (favorable +; unfavorable -):