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Williams Company is a merchandiser and its accounting department has finished preparing a flexible budget to better understand the differences between its actual results and the master budget. The chief financial officer $($CFO$)$ would like your assistance in interpreting some data visualizations that she will use to explain why the company$$s actual results differed from its master budget.

Required:

Review the Tableau dashboards that the CFO has given you and answer the questions that follow.

$($For each question you may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.$)$

$1$a$.$ Which of the following statements are true with respect to the Sales Analysis visualization?

check all that apply $1$

The green line depicts each month$$s actual unit sales.unanswered

The red line depicts each month$$s actual average selling price per unit.unanswered

The blue line depicts the budgeted selling price per unit.unanswered

$1$b$.$ Which of the following statements are true with respect to the Sales Analysis visualization?

check all that apply $2$

The actual average selling price per unit in April is less than that month$$s budgeted selling price per unit.unanswered

The actual average selling price per unit in April is greater than that month$$s budgeted selling price per unit.unanswered

The actual average selling price per unit in July is equal to that month$$s budgeted selling price per unit.unanswered

The actual average selling price per unit never exceeds the budgeted selling price per unit.unanswered

$1$c$.$ Which of the following statements are true with respect to the Sales Analysis visualization?

check all that apply $3$

The actual unit sales in November are greater than that month$$s budgeted unit sales.unanswered

The actual unit sales in July are less than that month$$s budgeted unit sales.unanswered

The actual unit sales in July are greater than that month$$s budgeted unit sales.unanswered

The actual unit sales in November are less than that month$$s budgeted unit sales.unanswered

$1$d$.$ Which of the following insights are revealed by the Sales Analysis visualization?

check all that apply $4$

Ordinarily, if a company reduces its actual average selling price below the budgeted selling price, it would expect actual units sales to rise above budgeted unit sales, but this did not happen for Williams Company.unanswered

Ordinarily, if a company reduces its actual average selling price below the budgeted selling price, it would expect actual units sales to drop below budgeted unit sales, but this did not happen for Williams Company.unanswered

Ordinarily, if a company raises its actual average selling price above the budgeted selling price, it would expect actual units sales to rise above budgeted unit sales, and this is exactly what happened at Williams Company.unanswered

Ordinarily, if a company raises its actual average selling price above the budgeted selling price, it would expect actual units sales to drop below budgeted unit sales, and this is exactly what happened at Williams Company. Required information

Skip to question

$[$The following information applies to the questions displayed below.$]$

Williams Company is a merchandiser and its accounting department has finished preparing a flexible budget to better understand the differences between its actual results and the master budget. The chief financial officer $($CFO$)$ would like your assistance in interpreting some data visualizations that she will use to explain why the company$$s actual results differed from its master budget.

Required:

Review the Tableau dashboards that the CFO has given you and answer the questions that follow.

$>$

$($For each question you may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.$)$

$2$a$.$ Which of the following statements are true with respect to the Gross Margin Analysis visualization?

check all that apply $1$

The red bars show each month$$s expected gross margin percentage at that month$$s actual average selling price.unanswered

The blue bars depict each month$$s budgeted gross margin percentage.unanswered

The horizontal green lines depict each month$$s actual gross margin percentage.unanswered

$2$b$.$ Which of the following statements are true with respect to the Gross Margin Analysis visualization?

check all that apply $2$

The budgeted gross margin percentage in February is less than that month$$s expected gross margin percentage at the actual selling price.

The budgeted gross margin percentage