Capity Tea Products has an exclusive contract with British Distributors. Calamine and Capity are two brands of teas that are imported and sold to retail outlets. The following information is provided for the month of March:
Budgeted and actual fixed corporate-sustaining costs are $1,850 and $2,300, respectively.
For the contribution margin, what is the total static-budget variance?
Definitions:
Line Graph
A type of graph that uses lines to connect individual data points, displaying trends over a period of time or category.
Bar Chart
A graphical representation of data using bars of different heights or lengths to compare values across different categories.
Histogram
A graphical representation of the distribution of numerical data, showing the frequency of data intervals.
Behavioral Sciences
A field of study that explores the activities and interactions among human beings and their environments.
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