Ryota Products Has an Industrial Mower Division That Operates as a Profit

question 134

Multiple Choice

Ryota Products has an industrial mower division that operates as a profit center.Below is a partially completed responsibility report for the first quarter. $$\begin{array}{l}\text { Responsibility Report }\\\begin{array} { | c | c | c | c | c | c | c | } \hline & \text { Actual } & \begin{array} { c } \text { Flexible } \\\text { Budget }\end{array} & \begin{array} { c } \text { Flexible } \\\text { Budget } \\\text { Variance }\end{array} & \text { U/F } & \begin{array} { c } \text { Percentage } \\\text { Variance }\end{array} & \text { U/F } \\\hline \begin{array} { c } \text { Sales } \\\text { Revenue }\end{array} & \$ 688,000 & \$ 703,000 & & & & \\\hline \begin{array} { c } \text { Variable } \\\text { Expenses }\end{array} & \underline { 309,000 } & \underline { 320,000 } & & & & \\\hline \begin{array} { c } \text { Contribution } \\\text { Margin }\end{array} & 379,000 & 383,000 & & & & \\\hline \begin{array} { c } \text { Traceable } \\\text { Fixed }\end{array} & & & & & & \\\text { Expenses } & \underline { 371,000 } & \underline { 368,000 } & & & & \\\hline \begin{array} { c } \text { Division } \\\text { Margin }\end{array} & \underline { \$ 8000 } & \underline { \$ 15,000 } & & & & \\\hline\end{array}\end{array}$$
Compute the percentage variance for the flexible budget variance for traceable fixed expenses.(Round your answer to two decimal places.)

• A)0.82% F
• B)0.82% U
• C)1.04% U
• D)1.04% F

Recognize the complexities of ethical dilemmas and factors contributing to their prevalence.

Identify legal protections against price discrimination and relevant laws.

Understand common ethical challenges in sales relationships and effective control systems for ethical sales climates.

Grasp the legal considerations and practices under the Robinson-Patman Act of 1936.

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Definitions:

North Wind

A wind that originates from the north, often associated with cold weather and sometimes used metaphorically in literature and mythology.

Yupik Eskimo

Indigenous people from the western, southwestern, and southcentral Alaska and Russian Far East, known for their traditional subsistence fishing and hunting lifestyle.

16th-Century Codex

A manuscript book from the 16th century, often elaborately decorated and containing historical, religious, or scientific texts.

Folio

A page of a manuscript or book.