Zenefit Corporation sold laser pointers for \($11\) each in 2017. Its budgeted selling price was \($12\) per unit. Other information related to its performance is given below:

Calculate Zenefit’s static-budget variance for

(a) revenues,

(b) variable costs,

(c) fixed costs, and

(d) operating income.

Transcribed Image Text:

Actual Units made and sold 28,000 Budgeted 27,500 Variable costs $90,000 $ 3 per unit Fixed costs $55,000 $58,000