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Schooner Corporation Used the Following Data to Evaluate Its Current

Question 65

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Schooner Corporation used the following data to evaluate its current operating system. The company sells items for $24 each and used a budgeted selling price of $24 per unit.
Schooner Corporation used the following data to evaluate its current operating system. The company sells items for $24 each and used a budgeted selling price of $24 per unit. What is the static-budget variance of operating income? A) $8,000 favorable B) $176,000 unfavorable C) $32,000 favorable D) $7,000 unfavorable
What is the static-budget variance of operating income?


A) $8,000 favorable
B) $176,000 unfavorable
C) $32,000 favorable
D) $7,000 unfavorable

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