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Answer the following questions using the information below:
Coroid Corporation used the following data to evaluate their current operating system. The company sells items for $11 each and had used a budgeted selling price of $12 per unit.
-What is the static-budget variance of revenues?
Draining
The act or process of depleting or being depleted of resources or energy.
Inert Substance
A substance that does not undergo chemical reactions under a set of given conditions, often used as a control in experiments.
Placebo
A harmless substance or treatment that has no therapeutic effect, used as a control in testing new drugs.
Relaxant
A substance or drug that reduces tension or strain in muscles, often used to alleviate muscle spasms or to induce relaxation.
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