Exercise 8-7A (Algo) Evaluating a decision to increase sales volume by lowering sales price LO 8-3, 8-4 Finch Educational Services had budgeted its training service charge at $82 per hour. The company planned to provide 37,000 hours of training services during Year 3. By lowering the service charge to $67 per hour, the company was able to increase the actual number of hours to 38,200 . Required a. Determine the sales volume variance, and indicate whether it is favorable (F) or unfavorable (U). Note: Select "None" if there is no effect (i.e., zero variance). b. Determine the flexible budget variance, and indicate whether it is favorable (F) or unfavorable (U). Note: Select "None" if there is no effect (i.e., zero variance). c. Did lowering the price of training services increase revenue