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Katsu,IncHas a Small Car Division That Operates as a Profit

question 112

Multiple Choice

Katsu,Inc.has a small car division that operates as a profit center.Below is a partially completed responsibility report for the first quarter.  Responsibility Report  Actual  F1exible  Budget  Flexible  Budget  Variance  U/F  Percentage  Variance  U/F  Sales  Revenue $688,000$700,000 Variable  Expenses 309,000322,000 Contribution  Margin 379,000378,000 Traceable  Fixed  Expenses 372,000369,000 Division  Margin $7000$9000\begin{array}{l}\text { Responsibility Report }\\\begin{array} { | c | c | c | c | c | c | c | } \hline & \text { Actual } & \begin{array} { c } \text { F1exible } \\\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 & \$ 700,000 & & & & \\\hline \begin{array} { c } \text { Variable } \\\text { Expenses }\end{array} & \underline { 309,000 } & \underline { 322,000 } & & & & \\\hline \begin{array} { c } \text { Contribution } \\\text { Margin }\end{array} & 379,000 & 378,000 & & & & \\\hline \begin{array} { c } \text { Traceable } \\\text { Fixed }\end{array} & & & & & & \\\text { Expenses } & \underline { 372,000 } & \underline { 369,000 } & & & & \\\hline \begin{array} { c } \text { Division } \\\text { Margin }\end{array} & \underline { \$ 7000 } & \underline { \$ 9000 } & & & & \\\hline\end{array}\end{array}
Compute the percentage variance for the flexible budget variance for sales revenue.(Round your answer to two decimal places.)

Understand the concept of lifespan human development.
Identify and describe the four stages of Piaget's cognitive development.
Analyze differences across generations in terms of psychosocial and cognitive development.
Design a research study in lifespan human development, including steps and ethical considerations.

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Community Member

An individual who actively participates or identifies with a specific group sharing common interests, geography, or characteristics, contributing to the collective identity and support system of the community.

Durkheim

Emile Durkheim, a founding figure in sociology, known for his work on the social causes of behavior and the structure of society.

Study Of Suicide

A scientific examination of the causes, patterns, and sociological implications of suicide within populations or groups.

Types Of Suicide

A concept introduced by Emile Durkheim classifying suicide into egoistic, altruistic, anomic, and fatalistic types based on the reasons behind the act.

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