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Problem

Lander Corporation used the following data to evaluate their current operating system. The company sells items for? $18 each and used a budgeted selling price of? $18 per unit.

 

Actual

Budgeted

Units sold

41,000 units

40,000 units

Variable costs

$164,000

$156,000

Fixed costs

$46,000

$48,000

What is the staticminus-budget variance of variable costs?

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M92739009

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