Question: MMM Corp. used the following data to evaluate its current operating system. The company sells items for $22 each and used a budgeted selling price

 MMM Corp. used the following data to evaluate its current operating

MMM Corp. used the following data to evaluate its current operating system. The company sells items for $22 each and used a budgeted selling price of $20 per unit. Units sold Variable costs Fixed costs Actual 95,000 units $680,000 $154,000 Budgeted 94,000 units $658,000 $150,000 What is the sales-volume variance for variable costs? $7,000 favorable $7,000 unfavorable O $15,000 unfavorable $15,000 favorable $22,000 unfavorable

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