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What is the flexible budget variance for setup costs

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Question - Leshan Company planned to produce 12,000 units. This level of production required 20 setups at a cost of $18,000 plus $500 per setup. Actual production was 10,000 units, requiring 15 setups. Actual setup cost was $26,000. What is the flexible budget variance for setup costs?

A. $500 Unfavorable

B. $2,000 Favorable

C. $2,000 Unfavorable

D. $500 Favorable

Reference no: EM132276546

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