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Alter Corp provides the following information for 2014. One number (A) is missing.
| | Actual Results | Flexible Budget | Static Budget |
| Units sold | 4,950 | 4,950 | 4,700 |
| Revenues | $18,500 | $19,800 | $18,800 |
| Variable costs | $7,060 | $8,910 | $8,460 |
| Fixed costs | $3,645 | $4,020 | (A) |
| Operating income | $7,795 | $6,870 | $6,320 |
Which of the following statements is correct?
Group of answer choices
flexible budget variance for revenues is $1,300 favorable
the fixed costs sales volume variance is $375 favorable
the flexible budget variance for variable costs is $1,850 unfavorable
the static budget variance for operating income is $1,475 favorable
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