Lincoln 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.
What is the static-budget variance of operating income?
A) $164,000 favorable
B) $164,000 unfavorable
C) $181,000 favorable
D) $181,000 unfavorable
Correct Answer:
Verified
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Q19: A master budget is _.
A) a budget
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A) budgeted
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