question three:

Question 3 Draftsman Inc. has a $12,000 favorable flexible budget variance for May. If May's actual net income was $68,000, which of the following statements is TRUE? Dorffman's static budget must have showed net income of $80,000 Dorffman's static budget must have showed net income of $56,000 Dorffman's static budget must have showed net income of $56,000 Dorffman's static budget must have showed net income of $80,000