Sales Price Variance = (Actual Selling Price-Budgeted Selling Price) x Actual Numbers of Units Sold

Actual Selling Price = Actual Sales Revenue / Actual Numbers of Units Sold
$ 11.50 per unit
Budgeted Seling Price = Budgeted Sales Revenue / Budgeted Sales Unit
$ 12.00 per unit
Sales Price Variance = (Actual Selling Price-Budgeted Selling Price) x Actual Numbers of Units Sold
$ (6,750) Unfavorable

Sales Volume Variance = (Actual Quantity sold - budgeted quantity sold) x Budgeted Selling Price
$ (18,000) Unfavorable