Gourmet Aroma Coffee House has an exclusive contract with Columbia exporters. Two brands of gourmet coffee are imported, Morning Thunder (MT) and Evening Tender (ET) . The following data are provided for the current fiscal year:
The total market was estimated to be 80,000 pounds at the time of budget. The actual total market for the year is 75,000 pounds.
What is ET's sales quantity variance?
Definitions:
Insightful Comments
Observations or remarks that show a deep understanding of a topic or situation, often shedding new light on it.
Group's Leader
Describes the person who is recognized as guiding, directing, and influencing the actions and opinions of a group towards achieving its objectives.
James McGregor Burns
A political scientist known for his work on leadership theories, especially his introduction of the concept of transformational leadership.
Leadership
The act of guiding or directing a group towards achieving a common goal, often involving the ability to inspire and influence others.
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