Lincoln Corporation used the following data to evaluate their current operating system. The company sells items for $12 each and used a budgeted selling price of

$12 per unit.

ActualBudgetedUnits sold

49,000

units

34,000

units

Variable costs$168,000$152,000Fixed costs$45,000$53,000

What is the static-budget variance of revenues?

Question content area bottom

Part 1

A.$8,000 favorable

B.$15,000 unfavorable

C.$180,000 favorable

Lincoln Corporation used the following data to evaluate their current operating system. The company sells items for $16 each and used a budgeted selling price of $16 per unit.

ActualBudgetedUnits sold

42,000

units

34,000

units

Variable costs$165,000$158,000Fixed costs$40,000$53,000

What is the static-budget variance of operating income?

Question content area bottom

Part 1

A. $134,000 favorable

B.$134,000 unfavorable

C.$121,000 unfavorable

D. $121,000 favorable