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Austen Educational Services had budgeted its training service charge at $74 per hour. The company planned to provide 35,000 hours of training services during 2015.

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Austen Educational Services had budgeted its training service charge at $74 per hour. The company planned to provide 35,000 hours of training services during 2015. By lowering the service charge to $60 per hour, the company was able to increase the actual number of hours to 36, 200. Required: Determine the sales volume variance and indicate the effect of the variance by selecting favorable (F) or unfavorable (U). (Select "None" if there is no effect (i.e., zero variance).) Determine the flexible budget variance and indicate the effect of the variance by selecting favorable (F) or unfavorable (U). (Select "None" if there is no effect (i.e., zero variance).) Was lowering the price of training services profitable

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