Seattle Co uses variance analysis to control costs and revenues. Information concerning sales is as follows:
$$
\begin{array}{ll}
\text { Budgeted selling price } & \$ 15 \text { per unit } \\
\text { Budgeted sales units } & 10,000 \text { units } \\
\text { Budgeted profit per unit } & \$ 5 \text { per unit } \\
\text { Actual sales revenue } & \$ 151,500 \\
\text { Actual units sold } & 9,800 \text { units }
\end{array}
$$
What is the sales volume profit variance?
- $$\$ 500$$ Favourable
- $$\$ 1,000$$ Favourable
- $$\$ 1,000$$ Adverse
- $$\$ 3,000$$ Adverse