Chardon had the following financial results for last month.

One store Revenues Operating Expenses Income from operations before service dept charges Service department charges Income from operations Actual S220,ooo 80,000 140,000 40,000 100,000 Flexible Budget S200,ooo 70,000 130,000 40,000 90,000 Flexible Budget Variance (U or F) $20,000 F 10,000 u 10,000 F 10,000 F % ot Variance (U or F) 10.00% F 14.29% U 7.69% 11.11%