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Compute the static-budget variance of revenue for product

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Question - Brij Company used the following data to evaluate their current operating system. The company sells one of its products for $17 each and had a budgeted selling price of $15 per unit for the product. Additional information for the product is provided below:

 

Actual

Budgeted

Units sold

30002 units

29998 units

Variable costs

$141416

$156462

Fixed costs

$40241

$50059

Required - Compute the static-budget variance of revenue for the product?

Reference no: EM133188032

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