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Ryng Corporation used the following data to evaluate their current operating system. The company budgeted and currently sells items for $15 each. Actual Budgeted Units

Ryng Corporation used the following data to evaluate their current operating system. The company budgeted and currently sells items for $15 each.

                                                            Actual           Budgeted

       Units sold                                       33971 units            30060 units

       Total variable costs                      $164848                   $146477

       Total fixed costs                           $44062                   $50827

What is the static-budget variance of operating income? (If the variance is unfavourable, present your answer as a negative (e.g., -100), if it is a favourable variance, present as it is (e.g., 100)).

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