Zoar Corporation sold laser pointers for $17 each in 2017. Its budgeted selling price was $16 per unit. Other information related to its performance is given below:

	Actual		Budgeted
Units made and sold	28,100		27,800
Variable costs	$120,000		$4 per unit
Fixed costs	$51,000		$47,000

Calculate Zoar's staticbudget variance for (a) revenues, (b) variable costs, (c) fixed costs, and (d) operating income.

Begin by determining all of the actual amounts, then the static budget amounts, and finally the static-budget variances. Label each variance as favorable (F) or unfavorable (U).

Begin by determining all of the actual amounts, then the static budget amounts, and finally the static-budget variances. Label each variance as favorable (F) or unfavorable ( Actual Static Static-Budget Results Budget Variance Units sold Revenues Variable costs Contribution margin Fixed costs Operating income