(Appendix 11A) Kyekyeku Company Retails Two Models of a Product

question 4

Multiple Choice

(Appendix 11A) Kyekyeku Company retails two models of a product: Model X and Model Y. It considers both products to be close substitutes. The following data relate to the company's operations for last year:

-(Appendix 11A) What were the sales mix variances for Model X and Model Y,respectively,for last year?

• A) $1,050 unfavourable and $1,596 unfavourable.
• B) $1,260 favourable and $1,680 unfavourable.
• C) $1,260 unfavourable and $1,680 favourable.
• D) $1,500 favourable and $2,000 favourable.

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Definitions:

Foregone Opportunities

The benefits or income missed out on when choosing one alternative over another.

Tuition

The fee charged for instruction or education provided by schools, colleges, and universities.

Equality

The condition of having equal status, rights, and chances.

Economy

The system by which goods and services are produced, distributed, and consumed in a society or geographic area.