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Contrafic Corporation used the following data to evaluate its current operating system. The company sells items for $25 each and used a budgeted selling price
Contrafic Corporation used the following data to evaluate its current operating system. The company sells items for $25 each and used a budgeted selling price of $21 per unit 13 p Unite sold Variable costs Fixed conte Actual 171,000 unite 10.000 Dolgeted $1,000,000 $105,000 $1.295.000 $772,000 What is the static-budget variance of revenues? O $357,000 favorable O $17,000 favorable O $357,000 unfavorable $17,000 unfavorable
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