Static and Flexible Budgets Graham Corporation used the following data to evaluate its current

operating system. The company sells items for $10 each and used a budgeted selling price of $10 per

unit.

Actual Budgeted

Units sold . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 400,000 units 430,000 units

Variable costs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,250,000 $1,500,000

Fixed costs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,500,000 $1,290,000

c. What is the flexible budget variance for variable costs?