Wheat Inc Has an Exclusive Contract with an Exporter

question 71

Multiple Choice

Wheat Inc. has an exclusive contract with an exporter. Two brands of wheat are imported, labeled AB and CD. The following data are provided for the current fiscal year:The total market was estimated to 40,000 bushels at the time of budget. The actual total market for the year is 32,000 bushels.

What is CD's contribution margin sales volume variance?

• A) $500 favorable.
• B) $2,500 favorable.
• C) $5,500 favorable.
• D) $12,500 favorable.
• E) $25,000 favorable.

---

Definitions:

True Thoughts

Genuine or authentic reflections, beliefs, or considerations held by an individual.

Blind Pane

The pane in the Johari Window that contains everything other people can see about you, but you can’t see yourself.

Johari Window

A model that is used to improve understanding between individuals within a group. It represents self-awareness and mutual understanding among individuals.

Managerial Grid

A framework for analyzing leadership styles by evaluating managers' concern for people versus their concern for production goals.