The Next Year's Budget for Trend, Inc At the End of the Year, the Total Fixed Costs

question 119

Multiple Choice

The next year's budget for Trend, Inc., a multi-product company, is given below: $\begin{array}{lrrrr}&\text { Product A } & \text { Product B }\\\text { Sales } & \$ 1,890,000 & \$ 1,377,000 \\\text { Variable costs } & 926,100 & 596,700 \\\text { Fixed costs } & \underline{500,000} & \underline{ 500,000} \\ \text { Net income } & \underline{ \underline{ 463,900 }}& \underline{ \underline{ 280,300}} \\ \text { Units } & 252,000 & 108,000\end{array}$

At the end of the year, the total fixed costs and the variable costs per unit were exactly as budgeted, but the following units per product line were sold. Trend, Inc. analyzes the effects its sales variances have on the profitability of the company.
$$\begin{array} { c c c } \text { Product Lines } & \text { Units } & \text { Sales } \\\text { A } & 2 5 3 , 2 3 0 & \$ 1 , 8 4 8 , 5 7 9 \\\text { B } & 113,770& \$ 1 , 4 7 9 , 0 1 0 \end{array}$$
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What is the total sales quantity variance?

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

Understand the concept of encoding specificity and its practical implications.

Grasp the importance of context and state in memory retrieval.

Differentiate between various forms of memory based on personal experiences and general knowledge.

Understand the concept of flashbulb memories and how significant events impact memory vividness.

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Executive Function

A set of cognitive processes including attentional control, working memory, and flexible thinking, that are necessary for planning, decision-making, and behavior regulation.

Academic Success

Refers to achieving high levels of performance or attainment in educational settings, often measured through grades, test scores, and completion of educational milestones.