What is the static-budget variance of revenues


Abernathy Corporation used the following data to evaluate their current operating system. The company sells items for $10 each and used a budgeted selling price of $10 per unit.

Actual Budgeted
Units sold 92,000 units 90,000 units
Variable costs $450,800 $432,000
Fixed costs $ 95,000 $100,000

What is the static-budget variance of revenues?

 

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Accounting Basics: What is the static-budget variance of revenues
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