Langdon Lights Company manufactures table lamps. At the beginning of 2010, Langdon Lights budgeted that it would sell 150,000 lamps at a price of $10/ lamp. However, throughout 2010 , it actually sold 170,000 lamps at a price of $8/lamp. What was the selling-price variance for the year? Select one: a. $300,000F b. $340,000U c. $340,000F d. $300,000U In a manufacturing company, which of the following variances will not be included in the "Total Flexible Budget Variance"? Select one: a. Variable overhead: flexible budget variance b. Direct labor: flexible budget variance c. Sales-volume variance d. Direct materials: flexible budget variance Question 8 Control processes are often referred to as: Not yet answered Select one: Marked out of 1.00 a. Variance analysis. Flag b. Management by exception. question c. Static budgeting. d. Feedback loops