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Taylor Products Inc. has a $6000 unfavourable flexible budget variance for October. If Octobers flexible budget net income was $175 000, which of the following

Taylor Products Inc. has a $6000 unfavourable flexible budget variance for October. If Octobers flexible budget net income was $175 000, which of the following statements is true?

Taylors actual net income must have been $169 000.

Taylors static budget must have showed net income of $169 000.

Taylors actual net income must have been $181 000.

Taylors static budget must have showed net income of $181 000.

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