Almond Company expressed the total expenses (Y) component of its master budget for February with the cost formula Y = $90,000 + $20 X, where X represents the expected number of units of its only product to be manufactured and sold. The budgeted average selling price per unit was $40 for budgeted sales volume 6,000 units. Reported actual results for February were as follows: Sales 6,200 units Sales revenue S 260,000 Less variable costs (S 125,000) Contribution margin $ 135,000 Less fixed costs ($ 98,000) Operating Income $ 37,000 What was the flexible budget variance for February? A. $4,500 Unfavourable B. 53,200 Favourable C. $3,000 Favourable D. $4,000 Unfavourable Almond Company expressed the total expenses (Y) component of its master budget for February with the cost formula Y - $90,000 + $20 X, where X represents the expected number of units of its only product to be manufactured and sold. The budgeted average selling price per unit was $40 for budgeted sales volume 6,000 units. Reported actual results for February were as follows: Sales 6,200 units Sales revenue $ 260,000 Less variable costs (S 125,000) Contribution margin $ 135,000 Less fixed costs ($ 98,000) Operating Income $ 37.000 What was the total static budget variance for February? A. $7,000 Favourable B. $6,500 Unfavourable C. $7.500 Favourable D. $6,000 Unfavourable The production manager rather than the purchasing manager is held responsible for an unfavourable materials price variance if it is the result from which of the following? A. Purchase of low quality materials. B. Problems with labour efficiency. C. Do not maintain a good relationship with the supplier D. A rush order because of problems in production process