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Gridiron Merchandising Anticipated Selling 27,000 Units of a Major Product

question 53

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Gridiron Merchandising anticipated selling 27,000 units of a major product and paying sales commissions of $6 per unit.Actual sales and sales commissions totaled 27,500 units and $171,400,respectively.If the company used a flexible budget for performance evaluations,Gridiron would report a cost variance of:


Definitions:

Head Tilt-chin Lift Method

A technique used in first aid to open the airway of an unconscious person by tilting their head back and lifting their chin.

Jaw-thrust Method

An emergency technique used to open the airway of a patient who may have a neck or spinal injury, by thrusting the jaw forward without moving the head or neck.

Bag-mask Device

A hand-held device used to provide ventilation to a patient who is not breathing or who is breathing inadequately. It consists of a self-inflating bag, a valve, and a face mask.

Endotracheal Tube

A flexible tube inserted through the mouth or nose into the trachea to establish an airway for the administration of anesthesia or mechanical ventilation.

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