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The following information is available for the Gabriel Products Company for the month of July: Static Budget Actual Units 5,000 5,100 Sales revenue $60,000 $58,650
The following information is available for the Gabriel Products Company for the month of July:
Static Budget Actual
Units 5,000 5,100
Sales revenue $60,000 $58,650
Variable manufacturing costs $15,000 $16,320
Fixed manufacturing costs $18,000 $17,000
Variable marketing and administrative expense $10,000 $10,500
Fixed marketing and administrative expense $12,000 $11,000
The total flexible-budget variance for operating income for the month of July would be
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