Lincoln Corporation used the following data to evaluate their current operating systemThe company sells items for $18 each and used a budgeted selling price of $18 per Units sold Variable costs Fixed costs Actual Budgeted 45,000 units 31,000 units $161,000 150,000 $44,000 $50,000 What is the staticbudget variance of variable costs? A. 11,000 unfavorable B. $6,000 favorable C. 14,000 favorable D. $5,000 unfavorable

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter6: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 1CMA: Taylor Corporation is analyzing the cost behavior of three cost items, A, B, and C, to budget for...
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Lincoln Corporation used the following data to evaluate their current operating systemThe company sells items for $18 each and used a budgeted selling price of $18 per Units sold Variable costs Fixed costs Actual Budgeted 45,000 units 31,000 units $161,000 150,000 $44,000 $50,000 What is the staticbudget variance of variable costs? A. 11,000 unfavorable B. $6,000 favorable C. 14,000 favorable D. $5,000 unfavorable

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