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

question 67

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 STP total sales-volume variance (contribution margin) for May?

• A)$300 favourable
• B)$300 unfavourable
• C)$150 favourable
• D)$150 unfavourable
• E)$750 unfavourable

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Definitions:

James-Lange Theory

The theory that our experience of emotion is our awareness of our physiological responses to an emotion-arousing stimulus.

Walter Cannon

Walter Cannon was a physiologist who coined the term "fight or flight response" and made significant contributions to the understanding of the physiological response to stress.

Physiological Reactions

Physical responses of the body to internal or external stimuli, such as increased heart rate or sweating.

Emotional Reactions

Immediate responses to stimuli or events that are characterized by strong feelings, ranging from joy and love to anger and fear.