What percentage is used when calculating the U.S. Production Deduction?
a) 9%
b) 6%
c) 3%
d) 10%
Ans: a) 9%
Business
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Mountain Sports Equipment Company projected sales of 81,000 units at a unit sales price of $14 for the year
Actual sales for the year were 75,000 units at $13.00 per unit. Variable costs were budgeted at $2 per unit, and the actual amount was $4 per unit. Budgeted fixed costs totaled $375,000, while actual fixed costs amounted to $425,000. What is the sales volume variance for total revenue? A) $159,000 favorable B) $159,000 unfavorable C) $84,000 unfavorable D) $84,000 favorable
Business
Information previously gathered for other purposes than the problem or issue under study is _____
a. primary data b. syndicated data c. secondary data d. a marketing research system
Business