The Vargas Company had the following expectations for the year: Budgeted results for the year were:Total market for the product 175,000units Vargas' budgeted sales$1,763,125 Variable costs per unit$18.75 Selling price per unit$32.50 Actual results for the year were:Total market for the product 166,250units Vargas's actual sales 56,525 Total Variable costs$1,073,975 Total sales$1,752,275 What is Vargas' industry volume variance?
A. $32,550.00.
B. $35,700.00.
C. $40,906.25.
D. $37,296.88.
Answer: D
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Fact Pattern 25-1BBelle obtains a check payable to her order from Charmayne. Belle signs the back and adds the notation "without recourse."Refer to Fact Pattern 25-1B. After Belle signs the back and adds the notation "without recourse," further negotiation of the check
A. requires Belle's re-indorsement and delivery. B. requires delivery alone. C. requires Charmayne's indorsement and delivery. D. is not possible.
Marketers may conduct a massive advertising campaign, called a ________, to educate consumers about a new product.
A. test market B. media blitz C. beta test D. teaser advertisement E. simulated market test
Microsoft's Windows operating system continues to dominate the market, even though it has been around for over 20 years. Windows will likely remain in the maturity stage of the product life cycle
A. until a superior product comes along to replace it. B. indefinitely. C. as long as the company doesn't change it. D. unless Microsoft repositions Windows as an introductory stage product. E. until it rules the world.