Answer the Following Questions Using the Information Below:
the Fortise

question 132

Multiple Choice

Answer the following questions using the information below:
The Fortise Corporation manufactures two types of vacuum cleaners, the Victor for commercial building use and the House-Mate for residences. Budgeted and actual operating data for the year 2015 were as follows:
$$\begin{array}{l}\begin{array} { l r r r } \text { Static Budget } & \text { Victor } & \text { House-Mate } & \text { Total } \\\hline \text { Number sold } & 6,000 & 24,000 & 30,000\\\text { Contribution margin } &\$ 1,560,000 & \$ 3,120,000 &\$ 4,680,000\\\\\text { Actual Results } & \text { Victor } & \text { House-Mate } & \text { Total } \\\text { Number sold } & 5,000 & 35,000 & 40,000 \\\text { Contribution margin } & \$ 1,400,000 & \$ 4,130,000 & \$ 5,530,000\end{array}\end{array}$$
-What is the total sales-volume variance in terms of the contribution margin?

• A) $1,170,000 favorable
• B) $1,260,000 favorable
• C) $850,000 unfavorable
• D) $320,000 unfavorable

Gain knowledge on the time value of money concepts and their application in investment decisions.

Recognize the impact of economic growth on environmental quality and resource management.

Understand the implications of fertility rates on population dynamics.

Calculate and interpret present value and future value in economic decision-making.

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Definitions:

Cadence

The rhythmic flow or pattern of sounds in language or the sequence of sounds in speech, often used in poetry, or the pace and tempo in music and physical movement.

Mother's Language

The native language spoken by one's mother, often the first language a child is exposed to and learns.

Babbling

The production of speech-like but meaningless sounds, commonly practiced by infants as a precursor to the development of language.

Months

Units of time in calendars that approximate the period of the Moon's orbit around the Earth, typically involving divisions of the year into twelve parts.