Schooner Corporation used the following data to evaluate its current operating system.The company sells items for $24 each and used a budgeted selling price of $24 per unit.
What is the static-budget variance of operating income?
A) $8,000 favorable
B) $176,000 unfavorable
C) $32,000 favorable
D) $7,000 unfavorable
Correct Answer:
Verified
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