The following is monthly budgeted cost and activity information for two activities in the purchasing...
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Accounting
The following is monthly budgeted cost and activity information for two activities in the purchasing department of X Company:
| Activity | Variable Costs | Fixed Costs | Cost Driver |
| Supplier relations | $10,140 | $15,500 | 390 suppliers |
| Invoicing | $9,360 | $26,500 | 720 invoices |
In November, actual costs and activity were as follows:
| Activity | Total Costs | Driver Amount |
| Supplier relations | $26,628 | 454 suppliers |
| Invoicing | $35,403 | 699 invoices |
What was the flexible budget variance for the invoicing activity for November (assume that favorable variances are positive numbers and unfavorable variances are negative numbers)?
| A: $-26,316 | B: $-26,043 | C: $-8,903 | D: $0 | E: $184 | F: $457 |
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