Use the Information Below to Answer the Following Question(s)

question 147

Multiple Choice

Use the information below to answer the following question(s) .Special Tea Products (STP) has an exclusive contract with Tea Distributors.Two brands of Teas are imported, Strong and Mild, and sold to retail outlets.The monthly budget for the contract is based on a combination of last year's performance, a forecast of general industry sales, and the company's expected share of the Canadian market for imported Tea.The following information is provided for the month of May:
Budgeted fixed costs are $1,750.Actual fixed costs are $2,000.
-What is the static budget variance (contribution margin) for Mild Tea?

• A)$2,250 U
• B)$2,250 F
• C)$900 U
• D)$1,350 F
• E)$1,350 U

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Definitions:

Torticollis

Stiff neck caused by spasmodic contraction of neck muscles drawing the head to one side with the chin pointing to the other; can be congenital or acquired.

Myocardial Muscle Tissue

The muscle tissue of the heart, responsible for the contraction and relaxation that pumps blood through the body.

Flexor

The muscle of a muscle team that bends a part.

Skeletal Muscle

A type of muscle that is connected to bones and is involved in the movement of body parts voluntarily.