The managerial accountant at Diamond Manufacturing reported that the static-budget operating income of $110,000 for 12,000 diamond-stud jackets is $9.16 per jacket.The manager reported a shortfall of 1,800 jackets.
Required
Compute the operating-income volume variance.
A) $15,000
B) $15,500
C) $15,750
D) $16,244
E) $16,488
Correct Answer:
Verified
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