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Coroid Corporation used the following data to evaluate their current operating system. The company sells items for $16 each and had used a budgeted selling
Coroid Corporation used the following data to evaluate their current operating system. The company sells items for $16 each and had used a budgeted selling price of $17 per
unit.
Units sold
Variable costs
Fixed costs
Actual
290,000 units
$950,000
$61.000
Budgeted
273.000 units
$889. 000
$45,000
What is the static-budget variance of variable costs?
O $61.000 favorable
O $61.000 unfavorable
O $77,000 favorable
O $77.000 unfavorable
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