What is the staticminus-budget variance of variable cost

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Reference no: EM131900335

Problem

Lander Corporation used the following data to evaluate their current operating system. The company sells items for? $18 each and used a budgeted selling price of? $18 per unit.

	Actual	Budgeted
Units sold	41,000 units	40,000 units
Variable costs	$164,000	$156,000
Fixed costs	$46,000	$48,000

What is the staticminus-budget variance of variable costs?

Reference no: EM131900335

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