Answer the Following Questions Using the Information Below:
Coroid Corporation

question 146

Multiple Choice

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.
$$\begin{array} { l r r } & \underline { \text { Actual } } & \text { Budgeted } \\\text { Units sold } & 280,000 \text { units } & 275,000 \text { units } \\\text { Variable costs } & \$ 900,000 & \$ 885,000 \\\text { Fixed costs } & \$ 55,000 & \$ 52,000\end{array}$$
-What is the static-budget variance of revenues?

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Definitions:

Metaneeds

In Abraham Maslow's hierarchy of needs, these are the highest-level needs, involving self-actualization and the realization of one's potential.

States of Being

The various conditions or qualities that define the existence of a person or thing at any given time.

Self-Actualizers

Refers to individuals who have realized their potential and seek personal growth and fulfillment, as defined in Maslow's hierarchy of needs.

Basic Motivation

The fundamental drives, desires, or needs that propel individuals to engage in certain behaviors or pursue particular goals.