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Calculate the Marketing Expense Variance,if the Actual Marketing Expense and Marketing

question 18

Multiple Choice

Calculate the marketing expense variance,if the actual marketing expense and marketing expenses estimated in the plan are $98,000 and $80,000,respectively.The actual percentage of sales is 15%.


Definitions:

Sediments

Particles of soil, sand, or small pieces of rock deposited by water, wind, or ice.

Cone of Depression

A cone-shaped lowering of the water table around a pumping well, due to the removal of groundwater faster than it can be replenished.

Overpumped

A term usually related to groundwater resources, indicating a condition where water is removed from an aquifer at a rate faster than it can be replenished.

Aquifer

An underground layer of water-bearing permeable rock, rock fractures, or unconsolidated materials (gravel, sand, silt) from which groundwater can be extracted.

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