Question
I need help with ALL 3 please! Thank you 16. Referring once again to the Infusion Center Variance Analysis, note that the revenue volume variance
I need help with ALL 3 please! Thank you
16. Referring once again to the Infusion Center Variance Analysis, note that the revenue volume variance is $36,000 favorable, the variable cost volume variance is ($24,000) unfavorable, and variable cost rate variance is ($7,200) unfavorable, and the total actual results for the period show an overall profit of $24,800. With what you have learned about variance analysis, what is the overall profit variance for this analysis?
A. $24,800
B. $36,000
C. $7,200
D. $4,800
Which variance is sometimes known as the price variance?
1 point
A. Volume variance
B. Quantity variance
C. Rate variance
D. None of the above
18. Common sizing:
1 point
A. Compares figures over several time periods
B. Puts information on the same relative basis
C. Both of the above
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