Daniels Corporation Used the Following Data to Evaluate Their Current

Multiple Choice

Daniels Corporation used the following data to evaluate their current operating system. The company sells items for $19 each and had used a budgeted selling price of $20 per unit.

What is the static-budget variance of variable costs?

A) $116,000 favorable
B) $116,000 unfavorable
C) $103,000 favorable
D) $103,000 unfavorable