Onyx Company has prepared a static budget at the beginning of the month. At the end of the month the following information has been retrieved from the records. sales volume: 2,000 units; Price: $50 per unit Variable expense: $12 per unit: Fixed expenses: $25,000 per month Operating income: $51,000 Sales volume: 1, 800 units: Price: $58 per unit Variable expense: $16 per unit: Fixed expenses: $J5.000 per month Operating income: $40, 600 Calculate the flexible budget variance for variable expense $5, 490 U $2, 970 U $7, 200 U $3, 960 F Onyx Company has prepared a static budget at the beginning of the month. At the end of the following information has been retrieved from the records Static budget: Sales volume: 1.000 units: Price: $70 per unit Variable expense: $32 per unit Fixed expenses: $37, 500 per month Operating income: $500 Actual results: Sian volume 990 units: Price: $74 per unit Variable expense: $35 per unit: Fixed expenses: $33,000 per month Operating income: $5, 610 Calculate the flexible budget variance for fixed expenses. $4, 500 U $4, 500 F $0 $5, 490 F Onyx Company has prepared a static budget at the beginning of the month. At the end of the following information has been retrieved from the records. Static budget: Sales volume: 2.000 units: Price: $50 per unit Variable expense: $12 per unit: Fixed expenses: $25,000 per month Operating income: $51,000 Actual results: Sales volume: 1, 800 units: Price: $58 per unit Variable expense: $16 per unit: Fixed expenses: $35,000 per month Operating income: $40, 600 Calculate the flexible budget variance for operating income. $4, 500 U $7, 600 U $2, 800 U $5, 490 F