Answer the Following Questions Using the Information Below:
Woodruff Flowering

question 126

Multiple Choice

Answer the following questions using the information below:
Woodruff Flowering Plants provides the following information for the month of May:
$\begin{array}{lrrrr}&\text { Actual }&&\text { Budget }\\&\text { Fuchsia}&\text { Dogwood }&\text { Fuchsia}&\text { Dogwood }\\\text { Sales in units } & 18,000 & 4,500 & 17,000 & 3,000 \\\text { Contribution margin per unit } & \$ 20 & \$ 17 & \$ 21 & \$ 16\end{array}$
-For May,Woodruff will report a(n) ________.

• A) favorable sales-mix variance
• B) unfavorable sales-mix variance
• C) favorable sales-volume variance
• D) unfavorable sales-volume variance

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Definitions:

Acknowledges

Recognizes the presence, validity, or truth of something, often formally.

Lessor

The party in a lease agreement who owns the property and has the right to lease it to another party, known as the lessee.

Lessee

an individual or entity who leases or rents property from a lessor, obtaining the right to use it according to the lease terms.

Merchant

An individual or company involved in the trade of goods, services, or commodities for profit.