The following costs information was taken from Winter Park Hospital's budget data: Simple budget $2,300,000 Flexible budget $2,400,000 Actual results $2,000,000 What is the cost variance? (Hint: An unfavorable variance is identified by a minus sign.) -$100,000 0-$300,000 O $300,000 O $100,000 O $200,000 The following profit information was taken from Winter Park Hospital's budget data: Simple budget $600,000 Flexible budget $700,000 Actual results $800,000 What is the cost variance? (Hint: An unfavorable variance is identified by a minus sign.) 0 -$100,000 0-$300,000 $300.000 O $100.000 $200.000