The static budget, at the beginning of the month, for Steak Frites Company follows:
Static budget:
Sales volume:
1 comma 1001,100
units; Sales price:
$ 70$70
per unit
Variable costs:
$ 32$32
per unit; Fixed costs:
$ 38 comma 000$38,000
per month
Operating income: $ 3 comma 800$3,800
Actual results, at the end of the month, follows:
Actual results:
Sales volume:
990990
units; Sales price:
$ 74$74
per unit
Variable costs:
$ 36$36
per unit; Fixed costs:
$ 37 comma 000$37,000
per month
Operating income: $ 620$620
Calculate the sales volume variance for revenue.
A. $ 3 comma 960 F B. $ 1 comma 000 U C. $ 7 comma 700 U D. $ 4 comma 180 U