Huang Consumer Products has a small car division that operates as a profit center. Below is a partially completed responsibility report for the first quarter.

	Actual	Flexible Budget	Flexible Budget Variance	U/F	Percentage Variance	U/F
Sales Revenue	$688,000	$700,000
Variable Expenses	309,000	322,000
Contribution Margin	379,000	378,000
Traceable Fixed Expenses	372,000	369,000
Division Margin	$7,000	$9,000

Compute the percentage variance for the flexible budget variance for sales revenue. (Round your answer to two decimal places.)

• A.

  1.71% F

• B.

  1.71% U

• C.

  4.04% U

• D.

  4.04% F