Lincoln Corporation used the following data to evaluate their current operating system. The company sells items for $19 each and used a budgeted selling price of $19 per unit.

What is the static-budget variance of revenues?
A) $171,000 favorable
B) $171,000 unfavorable
C) $6,000 favorable
D) $9,000 unfavorable

Question

Lincoln Corporation used the following data to evaluate their current operating system. The company sells items for $19 each and used a budgeted selling price of $19 per unit.

What is the static-budget variance of revenues?
A) $171,000 favorable 
B) $171,000 unfavorable 
C) $6,000 favorable 
D) $9,000 unfavorable

Quizplus · Accepted Answer

The Answer is A

Lincoln Corporation Used the Following Data to Evaluate Their Current