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4 Check my work 5 Adams Educational Services had budgeted its training service charge at $72 per hour. The company planned to provide 33,000 hours
4 Check my work 5 Adams Educational Services had budgeted its training service charge at $72 per hour. The company planned to provide 33,000 hours of training services during the year. By lowering the service charge to $66 per hour, the company was able to increase the actual number of hours to 34,700. 1 points Required eBook a. Determine the sales volume variance, and indicate whether it is favorable (F) or unfavorable (U). (Select "None" if there is no effect (i.e., zero variance).) b. Determine the flexible budget variance, and indicate whether it is favorable (F) or unfavorable (U). (Select "None" if there is no effect (i.e., zero variance).) c. Did lowering the price of training services increase revenue? Hint Print References Variance a. Volume variance b. Flexible budget variance Was the decision profitable? C
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