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. Actual Budgeted 177,000 184,000 units units Units sold Variable costs $1,090,000 $1,290,000 Fixed costs $804,000 $780,000 What is the static-budget variance of operating income? O $7,000 unfavorable $32,000 favorable $176,000 unfavorable $8,000 favorable

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