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The Actual Price for a Product Was $50 Per Unit,while

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Essay

The actual price for a product was $50 per unit,while the planned price was $44 per unit.The volume increased by 4,000 to 60,000 total units.Determine (a)the quantity factor and (b)the price factor for sales.


Definitions:

Cylindrical

Relating to the surface or shape of a cylinder, which is a solid geometric figure with straight parallel sides and a circular or oval cross section.

Spherical

Having the shape of a sphere; relating to or resembling a ball or globe.

Antifriction Bearings

Bearings designed to reduce friction between moving parts while supporting radial and axial loads, often using balls or rollers.

Bearing

A machine element that constrains relative motion to only the desired motion, reducing friction between moving parts.

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