Examlex

Solved

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

question 47

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:
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 STP total static-budget variance for revenues? A) $50 favourable B) $250 favourable C) $50 unfavourable D) $250 unfavourable E) $800 unfavourable Budgeted fixed costs are $1,750.Actual fixed costs are $2,000.
-What is the STP total static-budget variance for revenues?


Definitions:

Summary-Of-Benefits Close

A sales technique where the salesperson summarizes the product's benefits and features as a final effort to secure the sale.

Complex Process

A multifaceted or intricate procedure involving multiple steps, variables, or components that require careful management or understanding.

SELL Sequence

A sales technique that includes steps to Show, Explain, Lead through benefits, and Let the customer talk.

Garden Tub

A large, deep bathtub often oval in shape, designed for luxurious soaking and relaxation.

Related Questions