QUESTION 3 A manufacturing firm planned to manufacture and sell 10000 units of product at selling price per of $ 20 per unit and at a variable cost per unit of $8.00 and total fixed cost of $ 42000. The firm fell short of its goal and actual units sold 8000 units at selling price per unit of $25 per unit and at a variable cost per unit of $12.00 and total fixed cost of S 40000. What is the firm's static budget variance for its operating income? O 14000 U 46000 U O 32000 F O 16000 F

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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QUESTION 3
A manufacturing firm planned to manufacture and sell 10000 units of product at selling price per of $ 20 per unit and
at a variable cost per unit of $8.00 and total fixed cost of $ 42000. The firm fell short of its goal and actual units sold
8000 units at selling price per unit of $25 per unit and at a variable cost per unit of $12.00 and total fixed cost of $
40000. What is the firm's static budget variance for its operating income?
O 14000 U
46000 U
O 32000 F
16000 F
Transcribed Image Text:QUESTION 3 A manufacturing firm planned to manufacture and sell 10000 units of product at selling price per of $ 20 per unit and at a variable cost per unit of $8.00 and total fixed cost of $ 42000. The firm fell short of its goal and actual units sold 8000 units at selling price per unit of $25 per unit and at a variable cost per unit of $12.00 and total fixed cost of $ 40000. What is the firm's static budget variance for its operating income? O 14000 U 46000 U O 32000 F 16000 F
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