Saved Help Save & Exit Submit Check my work Evaluating a decision to increase sales volume by lowering sales price LO 15-3, 15-4, 15-5 Fanning Educational Services had budgeted its training service charge at $78 per hour The company planned to provide 24,00 hours of training services during 2019. By lowering the service charge to $67 per hour, the company was able to increase the actual number of hours to 25,300. ices had budgeted its trai ning service charge at $78 per hour. The company planned to provide 24,000 Required a. Determine the sales volume variance, and indicate whether it is favorable (F) or unfavorable (U) (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) (Select "None" if there is no effect (i.e., zero variance).) c. Did lowering the price of training services increase revenue? Variance a. Volume variance b. Flexible budget variance c. Was the decision profitable? il Prev 4 of 6 iii Next