A 3 member family had a plan to purchase a 3 bedroom house for $210,000 (at a rate of $70,000 per bedroom in that area). The family actually bought a 3 bedroom house for $180,000. However, later the family had one member move to a different state and only 2 people live in the house. Now, the family is thinking that they should have purchased a 2 bed room house. Which of the following is not true?

	A.	The house purchase budget should have been $140,000.
	B.	The total variance is $40,000, Unfavorable.
	C.	The budget variance is $70,000, Unfavorable.
	D.	The house is under-utilized.