Seems about right to me, for price that is for the 2KV one.
MPJA - Power Supply, Power Supplies, Security Cameras, LCD, Fans, Etc. sells a unit that looks remarkarbly like that for the same price. The 300VA units are either overly marked up, overbuilt (or properly built for abuse) or contain more components not made in China.
Doubt you're going to find one with a built in isolation transformer it wouldn't be a Variac then. Using a 1:1 transformer is going to just about double the price.
Why are you trying to use a variac for a foam cutter anyways, those are easier to do using straight DC and a simple PWM module.
The types of variacs listed are general purpose devices that have a wide range of uses.