FastNet’s flexible budget variance for total costs is FastNet Systems is a start-up company that makes connectors for high-speed Internet connections. The company has budgeted variable costs of \($120\) for each connector and fixed costs of \($7,000\) per month.
FastNet’s static budget predicted production and sales of 100 connectors in August, but the company actually produced and sold only 76 connectors at a total cost of $25,000.

a. \($2,880\) U.

b. \($2,880\) F.

c. \($8,880\) F.

d. $8,880U.