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The actual price for a product was $50 per unit,while the planned price was $44 per unit.The volume increased by 4,000 to 60,000 total units.Determine (a)the quantity factor and (b)the price factor for sales.
Finance Perspective
A viewpoint or method of considering financial aspects and impacts in decision making or analysis.
Capacity Utilization
The percentage of a company or factory's total production capacity that is currently being used.
Pro Forma Statement
An anticipated financial document generated based on hypothetical events and transactions that are yet to happen.
Sustainable Rate Growth
The maximum rate at which a company can grow its revenues without needing to obtain additional financing or reduce dividend payments.
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