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The Fortise Corporation manufactures two types of vacuum cleaners, the Victor for commercial building use and the House-Mate for residences. Budgeted and actual operating
The Fortise Corporation manufactures two types of vacuum cleaners, the Victor for commercial building use and the House-Mate for residences. Budgeted and actual operating data for the year 2020 were as follows: Static Budget Number sold Contribution margin Actual Results Number sold Contribution margin Victor 6,000 $1,570,000 House-Mate 24,000 $3,130,000 Total 30,000 $4,700,000 Victor 5,000 $1,540,000 House-Mate Total 35,000 40,000 $4,170,000 $5,710,000 What is the total static-budget variance in terms of the contribution margin? OA $1,070,000 favorable OB. $1,070,000 unfavorable Oc. $1,010,000 unfavorable OD. $1,010,000 favorable
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