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Tanger Company has the following data: Actual Results Static Budget Units 940 780 Sales Revenue $65,800 $42,900 Variable Costs 28,200 21,840 Contribution Margin 37,600 21,060
Tanger Company has the following data: Actual Results Static Budget Units 940 780 Sales Revenue $65,800 $42,900 Variable Costs 28,200 21,840 Contribution Margin 37,600 21,060 Fixed Costs 31,000 10,000 Operating Income/(Loss) $6,600 $11,060 What is the static budget variance for operating income
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