A company’s actual profit for a period was $27 000.
The only variances for the period were.
......................................................................$
Sales price   .......................................5000 adverse
Fixed overhead volume   ...................3000 favourable
Fixed overhead capacity   .................4000 favourable
Fixed overhead efficiency ..................1000 adverse
What was the budgeted profit for the period?
(a) $25 000
(b) $26 000
(c) $28 000
(d) $29 000