If an actual result in static budget is $2500 and corresponding budgeted amount is $2200, then static budget variance will be
A. $3,000
B. $300
C. $4,700
D. $4,500
Answer: Option B
Solution(By Examveda Team)
Static budget variance = Static budget - Corresponding budgeted amount= $2500 - $2200 = $300.
This Question Belongs to Management >> Management Accounting
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