Question: Answer the question using the information below: Caan Corporation used the following data to evaluate their current operating system. The company sells items for $20

Answer the question using the information below: Caan Corporation used the following data to evaluate their current operating system. The company sells items for $20 each and used a budgeted selling price of $20 per unit.

	Actual	Budgeted
Units sold	200,000 units	203,000 units
Variable costs	$1,250,000	$1,500,000
Fixed costs	$ 925,000	$ 900,000

What is the static-budget variance of revenues?

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