The Ferguson Company Estimated That October Sales Would Be 100,000

question 78

Multiple Choice

The Ferguson Company estimated that October sales would be 100,000 units with an average selling price of $6.00.Actual sales for October were 105,000 units,and average selling price was $5.95. The sales volume variance was:

• A) $30,000 favorable.
• B) $30,000 unfavorable.
• C) $29,750 favorable.
• D) $29,750 unfavorable.

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Definitions:

Acculturation

The process of cultural change and adaptation that results when different cultures come into direct continuous contact.

Unconscious Racism

Implicit biases and attitudes towards members of different races that operate beyond an individual's conscious awareness and influence behavior and decisions.

Asian-American Population

The Asian-American population refers to the ethnically diverse group of people in the United States who have ancestry from countries in Asia, often studied in research to understand specific social, cultural, and health-related issues.

Ethnicity

A category of people who identify with each other based on shared cultural, linguistic, or ancestral characteristics.