Answer the Following Questions Using the Information Below

question 62

Multiple Choice

Answer the following questions using the information below:
The XTRA Appliance Manufacturing Corporation manufactures two vacuum cleaners, the Standard and the Super. The following information was gathered about the two products:

-What is the total sales-volume variance in terms of the contribution margin?

• A)$216,000 unfavorable
• B)$216,000 favorable
• C)$556,000 favorable
• D)$896,000 favorable

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Definitions:

Variable

A variable is any characteristic, number, or quantity that can be measured or counted.

Central Tendency

A statistical measure that identifies a single value as representative of an entire distribution of data, often through the mean, median, or mode.

Ordinal Scale

A measurement scale that categorizes variables or responses in a specific order without defining the exact difference between them.

Median

The middle value in a data set, arranged in ascending or descending order.