Answer the Following Question(s)using the Information Below

question 166

Multiple Choice

Answer the following question(s) using the information below.Abernathy Corporation used the following data to evaluate their current operating system.The company sells items for $10 each and used a budgeted selling price of $10 per unit.
-What is the static-budget variance of operating income?

• A)$3,800 favourable
• B)$1,200 unfavourable
• C)$6,200 favourable
• D)$6,200 unfavourable
• E)$1,200 favourable

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Definitions:

Fallacy

A faulty argument that at first appears to be correct.

Good Argument

A logical and coherent set of statements leading from premises to a conclusion, effectively supported by evidence.

Informal Fallacies

Errors in reasoning that do not involve the logical structure of an argument but are related to the content of the argument or the way the argument is presented.

Winning

Achieving victory in a competition or contest.