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The following is monthly budgeted cost and activity information for two activities in the purchasing department of X Company: Activity Variable Costs Fixed Costs Cost

The following is monthly budgeted cost and activity information for two activities in the purchasing department of X Company:

Activity Variable Costs Fixed Costs Cost Driver
Supplier relations $8,500 $16,500 340 suppliers
Invoicing $10,320 $24,400 860 invoices

In November, actual costs and activity were as follows:

Activity Total Costs Driver Amount
Supplier relations $24,293 342 suppliers
Invoicing $35,665 861 invoices

What was the flexible budget variance for the supplier relations activity for November (assume that favorable variances are positive numbers and unfavorable variances are negative numbers)?

A: $-15,793 B: $-15,743 C: $-7,793 D: $0 E: $707 F: $757

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