Midnight Sun Outfitters projected sales of 76,000 units for the year at a unit sales price of $12.00. Actual sales for the year were 72,000 units at $15.00 per unit. Variable costs were budgeted at $4.50 per unit, and the actual variable cost was $4.75 per unit. Budgeted fixed costs totaled $378,000, while actual fixed costs amounted to $410,000. What is the sales volume variance for operating income?
A) $136,000 unfavorable
B) $30,000 unfavorable
C) $30,000 favorable
D) $166,000 unfavorable
B) $30,000 unfavorable
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Answer the following statement true (T) or false (F)
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What will be an ideal response?
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