Tanger Company has the following data: Actual Results ...
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Accounting
Tanger Company has the following data:
| Actual Results | Static Budget | |
| Units | 940 | 780 |
| Sales Revenue | $65,800 | $42,900 |
| Variable Costs | 28,200 | 21,840 |
| Contribution Margin | 37,600 | 21,060 |
| Fixed Costs | 31,000 | 10,000 |
| Operating Income/(Loss) | $6,600 | $11,060 |
What is the static budget variance for operating income?
Question content area bottom
Part 1
A.
$4,460 F
B.
$16,540 F
C.
$16,540 U
D.
$4,460 U
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