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Chapman Incorporated sells a single product, Zud, which has a budgeted selling price of $ 2 8 per unit and a budgeted variable cost of

Chapman Incorporated sells a single product, Zud, which has a budgeted selling price of $28 per unit and a budgeted variable cost of
$16 per unit. Budgeted fixed costs for the year amount to $47,000. Actual sales volume for the year units) fell 5,000 units short
of budgeted sales volume. Actual fixed costs were $48,000. With everything else held constant, what impact did the shortfall in
volume have on profitability for the year? (Indicate whether the effect was favorable or unfavorable in terms of its effect on
operating income.)
This is a numeric cell, so please
enter numbers only.
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