Sales-Mix Variance = $300,000 (F), Sales-Volume Variance = $470,000 (U)

question 163

Multiple Choice

Sales-mix variance = $300,000 (F) , sales-volume variance = $470,000 (U) , flexible-budget variance = $230,000 (F) , market-size variance = $34,000 (U) , calculate the sales-quantity variance.

• A) $770,000 (U)
• B) $804,000 (U)
• C) $136,000 (U)
• D) $170,000 (U)

---

Definitions:

Financing Activities

Transactions and events that affect long-term liabilities and equity of a company, including issuing debt, repaying loans, and distributing dividends.

Fiscal Year

A one-year period used by governments and businesses for accounting and financial reporting, which may or may not align with the calendar year.

Depreciation Expense

Spreading out the expense of a physical asset over the period it's in use.

Operating Activities

Components of a business's cash flow statement that relates to its core operations, including cash received from sales and cash paid for goods and services.