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Larsen company sells items for 35$ each and used a budgeted selling price of 35$...
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Larsen company sells items for 35$ each and used a budgeted selling price of 35$ per unit.Actual units sold were 50 000,while budgeted units sold were 48 000.Actual variable costs are 250 000$,budgeted variable costs were 216 000$.Actual fixed cost amounts to 48 000$,whereas the company budgeted for fixed costs of 50 000$.What is the static budget variance of revenues?
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