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The managerial accountant at Diamond Manufacturing reported that the static - budget operating income of $ 1 1 0 , 0 0 0 for 1

The managerial accountant at Diamond Manufacturing reported that the static-budget operating income of $110,000 for 12,000 diamond-stud jackets is $9.16 per jacket. The manager reported a shortfall of 1,800 jackets.
Required: Compute the operating-income volume variance.

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