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The static budget, at the beginning of the month, for Divine Dcor Company, follows: Static budget: Sales volume: 1500 units; Sales price: 70 per unit
The static budget, at the beginning of the month, for Divine Dcor Company, follows: Static budget: Sales volume: 1500 units; Sales price: 70 per unit Variable costs: 32 per unit; Fixed costs: 37600 per month Operating income: 19400
Actual results, at the end of the month, follows:
Actual results: Sales volume: 960 units; Sales price:75 per unit Variable costs: 35 per unit; Fixed costs: 34800 per month Operating income: 3600
Calculate the flexible budget variance for sales revenue.
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