Question: Addison, Inc. master budget called for 1 , 0 0 0 units of product to be sold during the period. The budgeted selling price was

Addison, Inc. master budget called for 1,000 units of product to be sold during the period. The budgeted selling price was $15 per unit and budgeted variable cost was $7 per unit. Total fixed costs on the master budget was $4,000. During the period, actual sales were 950 units. Total actual sales revenue was $13,900. Total actual variable costs were $6,500 and total actual fixed costs were $3,900. Calculate Addison's total flexible-budget variance.
Multiple choice question.
$400 U
$100 F
$400 F
$100 U

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