The static budget, at the beginning of the month, for divine décor company, follows: static budget:
sales volume: 1,500 units;
sales price: $ 70 per unit
variable costs: $ 32 per unit;
fixed costs: $ 37,600 per month
operating income: $ 19,400
actual results, at the end of the month, follows:
actual results:
sales volume: 960 units;
sales price: $ 75 per unit
variable costs: $ 35 per unit;
fixed costs: $ 34,400 per month
operating income: $ 4,000
calculate the flexible budget variance for sales revenue.