1- Presented is an abbreviated performance report for the month of November: Actual Budget Variance Units 7,400 6,600 Costs: Direct materials $42,000 $ 35,000 $ 7,000 U Direct labor 162,500 145,000 17,500 U Variable factory overhead 185,000 150,000 35,000 U Fixed factory overhead 107,000 115,000 8,000 F Total costs $496,500 $445,000 $51,500 U The total flexible budget variance is: a. $51,500 Unfavorable

b. $67,500 Unfavorable

c. $11,500 Unfavorable

d. $67,500 Favorable