Which of the Following Is NOT True of the Townshend

question 72

Multiple Choice

Which of the following is NOT true of the Townshend duties?

• A) The colonists were further antagonized.
• B) A number of colonial imports were taxed.
• C) British manufacturing was hurt because British exports were taxed.
• D) They were designed to raise revenue for the Crown.
• E) The shipbuilding industry was hurt as imports and exports decreased.

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Definitions:

Actual Sales Volume

The real number of units sold or services provided by a business during a specific period, as opposed to forecasted or planned sales volumes.

Budgeted Contribution Margin

The anticipated difference between sales revenue and variable costs in a budget period.

Variable Overhead Efficiency Variance

The difference between the actual variable overhead incurred and the standard cost of variable overhead allotted for the actual production.

Indirect Materials

Materials used in the production process that are not directly part of the final product, such as lubricants for machines.