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What is the static-budget variance of revenues

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Reference no: EM133169408

Question - Coroid Corporation used the following data to evaluate their current operating system. The company sells items for $11 each and had used a budgeted selling price of $12 per unit.

 

Actual

Budgeted

Units sold

280,000 units

275,000 units

Variable costs

$900,000

$885,000

Fixed costs

$55,000

$52,000

Required - What is the static-budget variance of revenues?

A) $55,000 favorable

B) $220,000 favorable

C) $220,000 unfavorable

D) $55,000 unfavorable

Reference no: EM133169408

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