Use the Following Information to Answer the Following Questions

question 41

Multiple Choice

Use the following information to answer the following Questions
The Step Company has the following information for the year just ended:


-The Step Company's sales-price variance is:

• A) $3,000 unfavorable.
• B) $7,000 unfavorable.
• C) $7,000 favorable.
• D) $7,500 unfavorable.
• E) $7,500 favorable.

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Definitions:

Dot Coms

Companies that operate primarily on the internet; the term became widely used during the internet boom of the late 1990s.

High-Tech Companies

Businesses involved in industries that rely heavily on advanced technological developments, often in fields like information technology, biotechnology, and engineering.

Investors

Individuals or entities who allocate capital with the expectation of receiving financial returns.