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You are given the following static budget and actual results for Abominable Burger's most recent fiscal year: Based on the above, which of the following

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You are given the following static budget and actual results for Abominable Burger's most recent fiscal year: Based on the above, which of the following statements is correct for income from operations? Select one: a. The static budget variance is $7,600 favourable, the sales-volume variance is $8,000 unfavourable and the flexible budget variance is $15,600 favourable. b. The static budget variance is $7,600 unfavourable, the sales-volume variance is $8,000 unfavourable and the flexible budget variance is $15,600 favourable. Select one: a. The static budget variance is $7,600 favourable, the sales-volume variance is $8,000 unfavourable and the flexible budget variance is $15,600 favourable. b. The static budget variance is $7,600 unfavourable, the sales-volume variance is $8,000 unfavourable and the flexible budget variance is $15,600 favourable. c. The static budget variance is $7,600 unfavourable, the sales-volume variance is $8,000 favourable and the flexible budget variance is $15,600 unfavourable. d. The static budget variance is $7,600 favourable, the sales-volume variance is $8,000 unfavourable and the flexible budget variance is $15,600 favourable

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