Zhongfang Consumer Products has a small car division that operates as a profit center. Below is a partially completed performance report for the first quarter.

How much is the percentage flexible budget variance for sales revenue?

A) 1.7 % F

B) 1.7 % U

C) 3.4 % U

D) 3.4 % F

Flexible Flexible Budget Actual Budget Variance U/F Variance U/F Sales Revenue $688,000 $700,000 Variable expenses 309,000 320,000 Contribution margin 379,000 380,000 Traceable fixed expenses Division margin 371,000 368,000 $8,000 $12,000 %