✅ The verified answer to this question is available below. Our community-reviewed solutions help you understand the material better.
Pasir 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.
|
Actual
|
Budgeted
|
Units sold
|
41,000 units
|
40,000 units
|
Variable costs
|
$164,000
|
$156,000
|
Fixed costs
|
$46,000
|
$48,000
|
QUESTION11. What is the static‐budget variance of variable costs?