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What was the total static budget variance

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Question - Cafe Puro in its master budget for 2021, predicted total sales of Php160,000, variable cots of Php48,000, and fixed costs of Php52,000 (Php24,000 manufacturing and Php28,000 nonmanufacturing). Actual sales revenue for 2021 turned out to be Php180,000. Actual costs were as follows: variable, Php54,000; fixed, Php50,000. What was the total static budget (operating income) variance for 2021? Was this total variance favorable (F) or unfavorable (U)?  Show your calculation.

Reference no: EM133179915

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