Question: Answer the following questions using the information below: Lander Corporation used the following data to evaluate their current operating system. The company sells items for
Answer the following questions using the information below:
Lander Corporation used the following data to evaluate their current operating system. The company sells items for $18 each and used a budgeted selling price of $18 per unit.
Actual Budgeted Units sold 41,000 units 40,000 units Variable costs $164,000 $156,000 Fixed costs $46,000 $48,000
What is the static-budget variance of revenues?
options:
| $6,000 favorable | |
| $18,000 favorable | |
| $4,000 unfavorable | |
| $18,000 unfavorable |
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
