1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alik [6]
3 years ago
9

Marathon sports equipment company projected sales of 79 comma 000 units at a unit sales price of $ 14 for the year. actual sales

for the year were 77 comma 000 units at $ 15 per unit. variable costs were budgeted at $ 3 per​ unit, and the actual amount was $ 4 per unit. budgeted fixed costs totaled $ 376 comma 000​, while actual fixed costs amounted to $ 420 comma 000. what is the sales volume variance for total​ revenue?
Business
1 answer:
pentagon [3]3 years ago
3 0

Answer:

$26,000

Explanation:

The Sales volume variance can be calculated using the following formula:

Sales Volume Variance = Actual Sales ($) - Budgeted Sales ($)

Or you can also use the following formula:

Sales Volume Variance = (Actual Sales Units - Budgeted Sales Units) * Budgeted price per unit

Here

Actual Sales ($) is 77000 unit at $14 budgeted sales price per unit which means total sales in dollars was $1,078,000.

Budgeted Sales ($) is 79000 unit at $14 budgeted sales price per unit which means total budgeted sales in dollars was $1,104,000.

Sales Volume Variance = $1,078,000 - $1,104,000 = $26,000

You might be interested in
Was the first nonsedating antihistamine drug; however, it has been taken off the market due to adverse effects when combined wit
Bingel [31]
Terfenadine was the first nonsedating antihistamine drug that was taken off the market due to adverse effects when combined with certain other drugs. Terfenadine was introduce to the market on 1985 by Hoechst Marion and Sanofi-Aventis which was formerly known as Roussel. It was in the market with different brand names such as Teldane in Australia, Triludan in the United Kingdom, and Seldane in the United States. It was taken off of the market on 1990 and was replaced by fexofenadine because serious cases of ventricular arrhythmias(abnormal heart rhythms that originate in the bottom chambers of the heart called the ventricles)  was diagnosed among those people whose taking the drug when combined to other drug with macrolide antibiotic and ketoconazole. 
6 0
3 years ago
Ayan, the newly appointed team manager of the sales team, practices autocratic leadership in his team. However, his team members
tekilochka [14]

Answer: contingency approach to leadership

Explanation: As per the contingency approach of leadership theory the effectiveness of the team depends upon the style that the leader of the team uses as per the situation.

Autocratic leadership style refers to the situation when the leader of the team exercise individual control over the operations, this style is usually used when the members of the team are not experienced enough but in this case the members of the team are quite experienced, therefore we can conclude that Ayan is not contingent  in his leadership.

8 0
4 years ago
Metallica Bearings, Inc., is a young start-up company. No dividends will be paid on the stock over the next 9 years because the
Diano4ka-milaya [45]

Answer 45k ...

Explanation:

7 0
2 years ago
Bogart Company is considering two alternatives. Alternative A will have revenues of $146,100 and costs of $104,400. Alternative
irinina [24]

Answer:

Choosing alternative B would increase net income by $17,100

Explanation:

The analysis showing the incremental revenues,costs and net income of alternative A and B is shown below:

              Alternative A           Alternative   B     Difference between A&B

Revenues        $146,100            $185,900           $39800

Costs               ($104,400)           ($127,100)        ($22700 )

Net income      $41,700                 $58,800        $17,100

Alternative B records a higher net income compared to Alternative A,hence choosing alternative B would increase net income by $17,100

r

4 0
3 years ago
In late December you decide, for tax purposes, to sell a losing position that you hold in Twitter, which is listed on the NYSE,
Mariana [72]

Answer:

4

Explanation:

7 0
3 years ago
Other questions:
  • Consider the expenditures listed below and classify each of the expenditures as a capital expenditure or a revenue expenditure r
    7·1 answer
  • Held-to-maturity securities are equity securities a company intends and is able to hold until maturity true or false
    7·1 answer
  • Deb Boon is single claims to allowances and they're $293.23 each week if each weekly allowance is $63. 46 how much is Deb's taxa
    9·1 answer
  • Joseph has just accepted a job as a stockbroker. He estimates his gross pay each year for the next three years is $35,000 in yea
    13·1 answer
  • Kelly Jones and Tami Crawford borrowed $46,500 on a 7-month, 4% note from Gem State Bank to open their business, Wildhorse’s Cof
    13·1 answer
  • For product costs associated with a particular product to be reported on the income statement:
    12·1 answer
  • ABC Mart received a $20 freight bill for merchandise it purchased with freight terms of FOB shipping point. ABC Mart uses a perp
    12·1 answer
  • A sales invoice included the following information: merchandise price, $4,000; transportation, $300; terms 1/10, n/eom, FOB ship
    7·1 answer
  • A $150 debit to office equipment was entered in the account as a $150 credit. this error caused the trial balance to be out of b
    5·1 answer
  • The difference between the price charged for a product and the cost to manufacture it is referred to as the?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!