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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