The actual margin per unit and margin per unit estimated in the plan are $6 and $8, respectively. The actual volume and the volume estimated in the plan are 5,000 units and 10,000 units, respectively. What is the margin variance of the business?

A) -$10,000
B) $10,000
C) -$20,000
D) $20,000
E) $5,000

A

Business

You might also like to view...

The management of Vert Lawnmowers has calculated the following variances

Direct materials cost variance $8,000 U Direct materials efficiency variance 38,000 F Direct labor cost variance 17,000 F Direct labor efficiency variance 13,000 U Variable overhead cost variance 3,500 F Variable overhead efficiency variance 5,000 F Fixed overhead cost variance 3,000 F When determining the total production cost flexible budget variance, what is the total manufacturing overhead variance of the company? A) $5,000 F B) $8,500 F C) $3,000 F D) $11,500 F

Business

The international marketing manager of an office furniture company ordered a research report on global telecommunications equipment sales The report noted that, in the early 1990s, AT&T was awarded a $4 billion contract to provide communication network products and services in Saudi Arabia. The manager took this as a cue to put Saudi Arabia on her information agenda, reasoning that office furniture sales would increase as the country's telephone system was improved. As described here, the marketing manager is viewing Saudi Arabia as a(n):

A) latent market. B) incipient market. C) cluster market. D) existing market. E) primary market.

Business