Jackson, Inc

question 128

Multiple Choice

Jackson, Inc., manufactures two products that it sells to the same market. Excerpted below are its budgeted and actual operating results for the year just completed: Industry volume was estimated to be 1,875,000 units at the time the budget was prepared. Actual industry volume for the period was 2,440,000 units. Jackson measures variances using contribution margin.
The total selling price variance of the period is:

• A) $0.
• B) $38,000 unfavorable.
• C) $67,500 unfavorable.
• D) $112,500 unfavorable.
• E) $122,000 unfavorable.

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Definitions:

Leadership

The act of guiding or influencing others towards the achievement of goals, characterized by inspiration, vision, and the ability to direct.

Coercive Power

Coercive power is an authoritative strategy based on the fear of punishment or the enforcement of discipline to influence others to comply with demands or expectations.

Withhold Positive Outcomes

A strategy or action where expected or deserved positive results are deliberately not provided or delayed.

Influence

The capacity or power to affect or shape the behavior, development, character, or decisions of others or the outcome of events.