FastNet Systems is astart-up company that makes connectors forhigh-speed Internet connections. The company has budgeted variable costs of $140 for each connector and fixed costs of $5,500 per month. FastNet's static budget predicted production and sales of 100 connectors inAugust, but the company actually produced and sold only 70 connectors at a total cost of $24,000.

flexible budget variance for total costs is