Edwards Corporation used the following data to evaluate their current operating system. The company sells items for $10 each and had used a budgeted selling price of $11 per unit Actual Budgeted Units sold 306.000 units 300,000 units Variable costs $965,000 $950,000 Fixed costs $ 53,000 S 50.000 What is the static-budget variance of revenues? O A. $30,000 favorable O B. $30,000 unfavorable OC.$60,000 favorable O D. $6,000 favorable

Edwards Corporation used the following data to evaluate their current operating system. The company sells items for $10 each and had used a budgeted selling price of $11 per unit Actual Budgeted Units sold 306.000 units 300,000 units Variable costs $965,000 $950,000 Fixed costs $ 53,000 S 50.000 What is the static-budget variance of revenues? O A. $30,000 favorable O B. $30,000 unfavorable OC.$60,000 favorable O D. $6,000 favorable

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter9: Evaluating Variances From Standard Costs

Section: Chapter Questions

Problem 3CMA

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