Question: Please note this is one problem only but with three questions. Please help answer! Thank you Answer the following questions using the information below: Coroid

 Please note this is one problem only but with three questions.
Please note this is one problem only but with three questions. Please help answer! Thank you

Answer the following questions using the information below: Coroid Corporation used the following data to evaluate their current operating s sells items for $11 each and had used a budgeted selling price of $12 per unit. ystem. The company Actual Budgeted 280,000 units 275,000 units $885,000 $52,000 Units sold Variable costs $900,000 $ 55,000 Fixed costs 15) What is the static-budget variance of revenues? A) $55,000 favorable B) $220,000 favorable C) $220,000 unfavorable D) $55,000 unfavorable 16) What is the static-budget variance of variable costs? A) $12,000 favorable B) $12,000 unfavorable C) $15,000 favorable D) $15,000 unfavorable 17) What is the static-budget variance of operating income? A) $238,000 favorable B) $238,000 unfavorable C) $235,000 favorable D) $235,000 unfavorable

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