Saan Corporation used the following data to evaluate their current operating system.The company sells items for $20 each and used a budgeted selling price of $20 per unit. 
Required:
Prepare a Level 1 static-budget variance analysis using a income statement in contribution margin format.Use the following three column headings: Actual Results, Static Budget, Static-budget Variance.
Definitions:
Taco Shops
Food outlets specializing in the sale of tacos and related Mexican cuisine.
Price of Tacos
The amount of money required to purchase a taco, often influenced by factors such as ingredients costs, labor, and market demand.
Number of Sellers
A factor in market structures that refers to the total count of suppliers offering a similar product or service.
Technological Improvement
Advances in technology that enhance productivity, efficiency, or quality in the production of goods or services.
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