McGrath's produces and sells two types of t-shirts—Fancy and Plain
The company provides the following data:
Budget Actual
Unit sales price-Fancy $24 $25
Unit sales price-Plain $18 $17
Unit sales-Fancy 1,300 1,250
Unit sales-Plain 900 875
Compute the flexible budget variance for Fancy t-shirts for sales revenue.
What will be an ideal response
Actual Results Flexible Budget
Variance Flexible Budget Sales Volume Variance Static Budget
Units 1,250 1,250 1,300
Sales Revenue $31,250 $1,250 F $30,000 $1,200 U $31,200
You might also like to view...
In the communication process, printing mistakes that affect the meaning of a newspaper advertisement, or using words or pictures that fail to communicate the message clearly, are referred to as
A. feedback. B. annoyances. C. distortions. D. clutter. E. noise.
Because the only merchandise categories at the University Futon Shop are double-sized futons, the Futon Shop can be said to have no
A. product depth. B. variety. C. irregularity D. inventory control. E. need for customer service.
When a firm is interested in targeting customers during the information gathering stage of the buying process and wants to measure the return on investment in advertising, which of the following should it adopt for its digital advertising?
A. banner ads B. search advertising C. social network advertising D. mobile advertising E. directories and classifieds
Which of the following is a symptom of stress?
A) Unusual laughter B) Eccentric behavior C) Overeating D) Shallow breathing