Schooner Corporation used the following data to evaluate its current operating system. The company sells...
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Accounting
Schooner Corporation used the following data to evaluate its current operating system. The company sells items for $ 22 each and used a budgeted selling price of $ 22 per unit
Actual Budgeted
Units Sold 178,000 units 183,000 units
Variable Costs $1.080,000 $1,292,000
Fixed Costs $806,000 $778,000
What is the static-budget variance of variable costs?
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