Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 20, 2022

What two components make up the volume variance? Multiple Choice Market size variance and sales quantity variance. Market share variance and market size variance.

What two components make up the volume variance? Multiple Choice Market size variance and sales quantity variance. Market share variance and market size variance. Sales quantity variance and sales mix variance. Sales mix variance and market size variance. Sales mix variance and sales number variance.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

The volume variance is made up of the sales quantity ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Foundations of Financial Management

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen

15th edition

77861612, 1259194078, 978-0077861612, 978-1259194078

More Books

Students also viewed these Accounting questions

Question

★★★★★

Budgeting of international operations must address foreign exchange (FX) rates. Variance analysis also must address FX variances. Read the FM magazine article at How does this change the analysis of...

Answered: 1 week ago

Question

★★★★★

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...

Answered: 1 week ago

Question

★★★★★

Springwater Brewery has two main products: premium and regular ale. Its operating results and master budget for 2019 (000s omitted) follow: Operating Results of 2019 Regular Haster Budget for 2019...

Answered: 1 week ago

Question

★★★★★

An LNC can detect alterations in the record by Select one: a. Examining notes written in the margin b. Looking through late entries for detailed explanations c. Finding a doctor's explanation that is...

Answered: 1 week ago

Question

★★★★★

Now assume that the facts in Problem 1 remain unchanged except for the depreciation method, which is switched to an accelerated method with the following depreciation schedule: Year % of Depreciable...

Answered: 1 week ago

Question

★★★★★

Three forces act on the bracket. Determine the magnitude and orientation θ of F2 so that the resultant force is directed along the positive u axis and has magnitude FR. Given: FR = 50 lb F1 =...

Answered: 1 week ago

Question

★★★★★

A box B1 contains 3 red and 6 blue balls, a second box B2 contains 7 red and 7 blue balls, while a third box B3 has 5 red and 9 blue balls. We select a box at random and then from this box we pick a...

Answered: 1 week ago

Question

★★★★★

Suppose that there is technological change that reduces the cost of recruiting for firms. Using the DMP model, determine the effects on the unemployment rate, the vacancy rate, the labor force, the...

Answered: 1 week ago

Question

★★★★★

A and B were friends. From 2007-2010, A worked for B and helped build Bs business until the end of 2010 when A became too sick to work and incurred significant medical expenses. In 2011, B writes to...

Answered: 1 week ago

Question

★★★★★

Beth and Kate are in partnership. Their financial year ends on 31 December. On 1 January 205 their capitals were: Beth $90,000 and Kate $70,000. The uncompleted current accounts for the year ended 31...

Answered: 1 week ago

Question

★★★★★

1. Outline the demarcation problem, paradigms, and anomalies. 2. Share the definition of a paradigm, and provide examples of how paradigms would work in the world. 3. Share the definition of an...

Answered: 1 week ago

Question

★★★★★

At this stage of the PLC , the brand manager is likely to cut back on advertising a bit and increase sales promotions, though ultimately would, most likely, lower prices: introduction early growth...

Answered: 1 week ago

Question

★★★★★

Over the next seven years a well - to - do relative has promised to give you $ 2 , 2 5 0 every month. The first payment is received one - month from today. Assume the relevant interest rate is equal...

Answered: 1 week ago

Question

★★★★★

According to the announcement, from the Covid hearing in the European parliament, Pfizer stated that the vaccine had never been tested on stopping the transmission of the virus, this removes the...

Answered: 1 week ago

Question

★★★★★

Create a circuit that has 7 input bits IN0 to IN6, that drive one seven segment display in the order indicated below. Find out to which values the 7 input bits need to be set to get the decimal...

Answered: 1 week ago

Question

★★★★★

You know the following concerning a common stock: EPS$3.00 Payout ratio25% P/E10 Annual ROR6% of earnings and div 1) If you want to earn 10% percent, should you buy this stock? 2) What is the maximum...

Answered: 1 week ago

Question

★★★★★

Answer Req B1 & Req B2 (Accurate Answers please) ne 1, Alexander Corporation sold goods to a foreign customer at o price of 1,000,000 pesos and will receive payment in three onths on September 1. On...

Answered: 1 week ago

Question

★★★★★

The words without recourse on an indorsement means the indorser is: a. not liable for any problems associated with the instrument. b. not liable if the instrument is dishonored. c. liable personally...

Answered: 1 week ago

Question

★★★★★

Comment on why inflation may restrict the usefulness of the balance sheet as normally presented.

Answered: 1 week ago

Question

★★★★★

What advantages do compensating balances have for banks? Are the advantages to banks necessarily disadvantages to corporate borrowers?

Answered: 1 week ago

Question

★★★★★

KeySpan Corp. is planning to issue debt that will mature in 2035. In many respects, the issue is similar to the currently outstanding debt of the corporation. Using Table 11-2, identify: a. The yield...

Answered: 1 week ago

Question

★★★★★

A test of hypothesis has the following hypotheses: HO: p 0.45 HA: p > 0.45 For a sample size of 30, and a sample proportion of 0.55, a. For an = 0.025, determine the critical value. b. Calculate...

Answered: 1 week ago

Question

★★★★★

Given the following null and alternative hypotheses HO: p 0.60 HA: p Answered: 1 week ago

Answered: 1 week ago

Question

★★★★★

A key factor in the worlds economic condition is the population growth of the countries in the world. The file called Country Growth contains data for 231 countries. Consider these countries to be...

Answered: 1 week ago

Previous Question Next Question