Question 12 The Company used the following data to evaluate their current operating system....
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Accounting
Question 12
The Company 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 31,000 units 30,000 units
Variable costs $161,000 $150,000
Fixed costs $44,000 $50,000
What is the static-budget variance of variable costs?
Group of answer choices
$5,000 unfavorable
$11,000 unfavorable
$5,000 favorable
$14,000 favorable
$1,000 favorable
$6,000 unfavorable
Answer & Explanation
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