Oxford Co Produces and Sells Two Lines of T-Shirts, Classic and and Mod

question 24

Essay

Oxford Co. produces and sells two lines of t-shirts, Classic and Mod. Oxford provides the following data. Compute the sales price and the sales volume variances for each product.
$$\begin{array} { l | l | l } & \text { Budget } & \text { Actual } \\\hline \text { Unit sales price } - \text { Classic } \ldots & \$ 15 & \$ 16 \\\hline \text { Unit sales pric e-Mod } \ldots \ldots & \$ 20 & \$ 19 \\\hline \text { Unit sales-Clas sic } \ldots \ldots \ldots \ldots & 2,400 & 2,500 \\\hline \text { Unit sal es-Mod } \ldots \ldots \ldots \ldots \ldots & 2,000 & 1,900\end{array}$$

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Definitions:

Scaffolding

An educational technique where a teacher provides successive levels of temporary support to help students achieve higher levels of comprehension and performance.

Vygotsky

Lev Vygotsky was a Soviet psychologist known for his work on psychological development in children.

Scaffolding

A teaching method that involves providing support to students as they learn new concepts, gradually reducing the support as the students become more proficient.

Zone of Proximal Development

Vygotsky's concept describing the difference between what a learner can do without help and what they can achieve with guidance and encouragement from a skilled partner.