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The static? budget, at the beginning of the? month, for Vintage Wine Company? follows: Static? budget: Sales? volume: 2,000 ?units; Sales? price: $50 per unitVariable?
The static? budget, at the beginning of the? month, for Vintage Wine Company? follows:
Static? budget:
Sales? volume:
2,000
?units; Sales? price:
$50
per unitVariable? costs:
$13
per? unit; Fixed? costs:
$25,000
per month
Operating? income:$49,000
Actual? results, at the end of the? month, follows:
Actual? results:
Sales? volume:
1,900
?units; Sales? price:
$58.50
per unitVariable? costs:
$16.00
per? unit; Fixed? costs:
$34,800
per month
Operating? income: $45,950
Calculate the flexible budget variance for variable costs.
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