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Kampong Glam Corporation used the following data to evaluate its current operat...
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Kampong Glam Corporation used the following data to evaluate its current operating system. The company sells items for $21 each and used a budgeted selling price of $21 per unit.
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Actual
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Budgeted
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Units sold
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180,000 units
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185,000 units
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Variable costs
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$1,080,000
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$1,295,000
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Fixed costs
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$ 800,000
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$ 775,000
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QUESTION10. What is the static‐budget variance of revenues?
0%
0%
100%
0%