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

question 46

Multiple Choice

Use the information below to answer the following question(s) .Teddy Bear Company sold a total of 30,000 stuffed tigers and lions.During August the following information was gathered:

-What is the Teddy Bear Company total sales-mix variance?

• A)$21,600 favourable
• B)$13,750 favourable
• C)$13,750 unfavourable
• D)$4,500 unfavourable
• E)$4,500 favourable

Recognize the treatment of dividends and their impact on NCI.

Comprehend how profits and losses are distributed to NCI.

Identify the types of transactions that require NCI adjustments.

Understand the impact of intragroup services on NCI.

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Definitions:

Sensorimotor

A developmental stage in infants and toddlers coined by Piaget that involves learning through interacting with the environment, using sensory experiences and motor actions.

Formal Operations

the final stage of cognitive development in Piaget’s theory, characterized by the ability to think abstractly, logically, and systematically.

Moral Judgments

Evaluations or decisions based on the determination of actions as right or wrong based on a set of ethics or morality.

Abstractly

Thinking in a way that is not concrete or specific, involving general ideas or qualities rather than specific people, objects, or actions.