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The following is monthly budgeted cost and activity information for two activities in the purchasing...

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Accounting

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 $10,140 $15,500 390 suppliers
Invoicing $9,360 $26,500 720 invoices

In November, actual costs and activity were as follows:

Activity Total Costs Driver Amount
Supplier relations $26,628 454 suppliers
Invoicing $35,403 699 invoices

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

A: $-26,316 B: $-26,043 C: $-8,903 D: $0 E: $184 F: $457

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