The Following Data Are for the Month of January for the Sterling

Essay

The following data are for the month of January for the Sterling Company:
Static budget data:
Sales of 9,000 pairs at $90 per pair
Variable costs of $69 per pair
Total fixed costs $108,000
Actual results:
Sales of 9,600 pairs at $87 per pair
Variable costs of $72 per pair
Total fixed costs $109,200
Required:
A)What is the static budget operating income?
B)What is the sales activity variance for operating income?
C)What is the flexible budget variance for operating income?