
Daniels Corporation used the following data to evaluate their current operating system. The company sells items for $18 each and had used a budgeted selling price of $19 per unit.
What is the static-budget variance of operating income?
A) $325,000 favorable
B) $325,000 unfavorable
C) $316,000 favorable
D) $316,000 unfavorable
Correct Answer:
Verified
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Q13: For revenue items, a favorable variance means
Q15: An unfavorable variance indicates that _.
A) the
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Q19: A master budget is _.
A) a budget
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