Answer the question using the information below: Caan Corporation used the following data to evaluate their current
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Answer the question using the information below: Caan Corporation used the following data to evaluate their current operating system. The company sells items for $20 each and used a budgeted selling price of $20 per unit.
|
| Actual | Budgeted |
| Units sold | 200,000 units | 203,000 units |
| Variable costs | $1,250,000 | $1,500,000 |
| Fixed costs | $ 925,000 | $ 900,000 |
What is the static-budget variance of revenues?
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