What Is the Total Sales Quantity Variance

question 26

Multiple Choice

What is the total sales quantity variance?

• A)$3,570.00
• B)$20,815.00
• C)$33,915.00
• D)$40,553.50

---

Definitions:

Payments

The act of transferring money or something of value from one party to another in exchange for goods, services, or to fulfill a legal obligation.

Borrowed

Refers to funds that have been taken from another party under the agreement that they will be repaid at a later date, often with interest.

Semi-Annual Compounding

Interest calculation on a financial instrument twice a year, adding the interest amount to the principal sum each time.

Interest

The charge for borrowing money, typically expressed as an annual percentage of the principal amount.