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The static budget,at the beginning of the month,for Steak Frites Company follows: Static budget:
Sales volume: 1,100 units; Sales price: per unit
Variable costs: per unit; Fixed costs: per month
Operating income:
Actual results, at the end of the month, follows:
Actual results:
Sales volume: 995 units; Sales price: per unit
Variable costs: per unit; Fixed costs: per month
Operating income:
Calculate the sales volume variance for revenue.
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