Flying Beetles Corporation used the following data to evaluate their current operating system. The company sells items

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Flying Beetles Corporation used the following data to evaluate their current operating system. The company sells items for $10 each and had used a budgeted selling price of $11 per unit.

Actual

Budgeted

Units sold

306,000 units

300,000 units

Variable costs

$965,000

$950,000

Fixed costs

$ 53,000

$ 50,000

What is the static-budget variance of variable costs?

Question 2Select one:

$3,000 unfavourable

$15,000 unfavourable

$15,000 favourable

$13,000 unfavourable

$13,000 favourable

Related Book For answer-question

Fundamentals Of Corporate Finance

ISBN: 9780135811603

5th Edition

Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford

Posted Date: Jul 12, 2024 11:32 AM

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Flying Beetles Corporation used the following data to evaluate their current operating system. The company sells items

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Fundamentals Of Corporate Finance

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