Figure 11-2

Figure 11-2. Lawson,Inc.produces plastic grocery bags.Lawson has developed a static budget for the month of July based on 8,000 direct labor hours.During the quarter,the actual activity was 9,000 direct labor hours.Data for July are summarized as follows:
Refer to Figure 11-2.What is the flexible budget variance for July?

A) $12,000 U
B) $12,000 F
C) $29,000 U
D) $29,000 F
E) none of these