The static budget, at the beginning of the month, for Vintage Wine Company follows: Static budget Sales volume 2,000 units, Sales price: $50 per unit Variable costs: $13 per unit, Fixed costs: $25,500 per month Operating income: $48,500 e Actual results, at the end of the month, follows: Actual results Sales volume: 1,800 units, Sales price: $58.50 per unit Variable costs: $16.00 per unit; Fixed costs: $34,500 per month Operating income: $42.000 Calculate the flexible budget variance for variable costs. EN bME a, O A. $900 U V B. $23,400 F O C. $28,800 U inal OD. $5,400 U Devon Company has collected the following data for one of its products: Direct materials standard (5 pounds @ $1/1b.) Direct materials flexible budget varianceunfavorable Actual direct materials used Actual units produced $5 per unit $15,500 101,000 pounds 18 000 units What is the direct materials efficiency variance? O A. $18,000 F B. $11,000 U O C. $11,000 F al OD. $18,000 U d