A.) sales price flexible budget variance is a $2,700 unfavorable variance.

B.) sales price flexible budget variance is a $700 favorable variance.

C.) sales price flexible budget variance is a $2,700 favorable variance.

D.) sales price flexible budget variance is a $2,000 favorable variance.

The following information was drawn from the accounting records of Smith Company Sales Cost of Goods Sold Gross Margin Variable Cost Fixed Cost Static Budget $10,000 (6,000) 4,000 (2,000) (1,000) $ 1,000 Flexible Budget $12,000 (7,200) 4,800 (2,400) (1,000) $ 1,400 Actual Results $12,700 (6,900) 5,800 (2,600) (1,300) $ 1,900 Net Income Based on this information the