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James Corporation's actual operating income for the current year is $25,000. The flexible budget's operating income for actual volume achieved is $32,000, while the static
James Corporation's actual operating income for the current year is $25,000. The flexible budget's operating income for actual volume achieved is $32,000, while the static budget's operating income is $35,000. What is the sales volume variance for operating income?
a.$7,000 unfavorable
b.$3,000 favorable
c.$7,000 favorable
d.$3,000 unfavorable
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