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If the standard quantity (SQ), actual quantity (AQ), standard price (SP), and actual price (AP) are 350 units, 400 units, $12, and $13 respectively, then
If the standard quantity (SQ), actual quantity (AQ), standard price (SP), and actual price (AP) are 350 units, 400 units, $12, and $13 respectively, then the total budget variance (or, that is, the flexible budget variance) is _____.
$1,000 favorable
$250favorable
$250 unfavorable
$1,000 unfavorable
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