Brij Company used the following data to evaluate its current operating system. The company sells one of its products for $16 each and had a budgeted selling price of $15 per unit for the product. Additional information for the product is provided below:

                                                            Actual           Budgeted

       Units sold                                       30640 units            30312 units

       Variable costs                              $143051                   $153041

       Fixed costs                                  $43235                   $50038

Compute the static-budget variance of revenue for the product? (If the variance is unfavorable, present your answer as a negative (e.g., -100), if it is a favorable variance, present as it is (e.g., 100).

Answer rating: 100% (QA)

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