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Below is data for Jewelry by Jessica for the month of October. Master Budget Flexible Budget Actual Results Revenue $60,000 $64,000 $76,800 Variable costs $24,000

Below is data for Jewelry by Jessica for the month of October.

Master Budget Flexible Budget Actual Results
Revenue $60,000 $64,000 $76,800
Variable costs $24,000 $38,400 $44,800
Contribution margin $36,000 $25,600 $32,000
Fixed costs $5,000 $5,000 $7,500
Profit before taxes $31,000 $20,600 $24,500

What statement below is true?

Group of answer choices

Fixed costs spending variance is $2,500 U and the sales price variance is $10,400 F

Sales volume variance is $10,400 U and the variable cost spending variance is $6,400U

Profit variance is $13,500 F and the sales price variance is $12,800 U

Sales volume variance is $9,600 F and the sales price variance is $12,800 F

Profit variance is $3,900 U and the sales volume variance is $6,500 F

Sales volume variance is $12,800 F and the sales price variance is $9,600 U

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