Question: Lander Corporation used the following data to evaluate its current operating system. The company sells items for $18 each and used a budgeted sales price
Lander Corporation used the following data to evaluate its current operating system. The company sells items for $18 each and used a budgeted sales 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 staticminus−budget variance of variable costs?
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