Zany Brainy Projected Current Year Sales of 50,000 Units at a Unit

question 253

Multiple Choice

Zany Brainy projected current year sales of 50,000 units at a unit sale price of $20.00. Actual current year sales were 55,000 units at $22.00 per unit. Variable costs were budgeted at $14.00 per unit and actually totaled $15.00 per unit. Budgeted fixed costs totaled $400,000, while actual fixed costs amounted to $420,000.
-What is the Zany Brainy's flexible budget variance for total expenses?

• A) $55,000 unfavourable
• B) $75,000 unfavourable
• C) $55,000 favourable
• D) $75,000 favourable

Evaluate the effect of inflation on real wages and purchasing power over time.

Understand the implications and calculation methods for changes in employment numbers in different industries.

Assess the economic impact of different rates on investments and choose the optimal investment option.

Critically analyze real-life financial news and advertisements for their acknowledgment of the time value of money.

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