Hector's Camera Shop has prepared the following flexible budget for September and is in the process of interpreting the variances. F denotes a favorable variance and U denotes an unfavorable variance. Material A Material B Material C Flexible Budget $20,000 30,000 40,000 -Variances- Price $1,000U 500F 1,400U Efficiency $1,200F 800U 1,000F

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