If Sales Totaled $200,000 for the Current Year (10,000 Units

question 108

Multiple Choice

If sales totaled $200,000 for the current year (10,000 units at $20 each) and planned sales totaled $212,500 (12,500 units at $17 each) ,the effect of the unit price factor on the change in sales is a:

• A) $30,000 increase
• B) $12,500 increase
• C) $7,500 increase
• D) $30,000 decrease

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Definitions:

Good Faith

The honest intention to act without taking an unfair advantage over another party, often a requirement in contract law.

Fair Dealing

A legal doctrine aimed at ensuring fairness in commercial transactions and preventing unethical behavior, often involving the honest and straightforward conduct of parties in a transaction.

Partially Melted

A state or condition where an object or substance is in the process of changing from a solid to a liquid but has not completely transformed.

Air Conditioner

A device used to regulate the temperature, humidity, and purity of the air in a room or building.