Little World Clothing Company Has an Actual Result of $52,000

Little World Clothing Company has an actual result of $52,000 and a static budget of $122,000.Required
Compute the static-budget variance for operating income at Little World Clothing Company.and identify whether the variance is favorable,F,or unfavorable,U.

A) $182,000;F variance
B) $135,000;U variance
C) $122,000;U variance
D) $115,000;U variance
E) $95,000;F variance