Claremont Company Specializes in Selling Refurbished Copiers

question 97

Multiple Choice

Claremont Company specializes in selling refurbished copiers. During the month, the company sold 180 copiers for total sales of $540,000. The budget for the month was to sell 175 copiers at an average price of $3,200.
-The sales price variance for the month was:

• A) $32,000 unfavorable.
• B) $36,000 unfavorable.
• C) $20,000 unfavorable.
• D) $36,000 favorable.
• E) $20,000 favorable.

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Definitions:

Decision-making Framework

A structured approach or set of guidelines to navigate and systematically make decisions, often involving identifying options, analyzing consequences, and selecting the best course of action.

Four Major Drivers

Refers to the primary forces or factors that drive decision-making, strategy, and success in businesses or other organizations, though the specific drivers can vary by context.

Absentee Landlord

A property owner who does not live on-site or participate actively in managing their rental property.

Rental Expenses

Costs incurred for leasing or renting property, equipment, or other assets.