The Static Budget,at the Beginning of the Month,for Steak Frites

question 71

Multiple Choice

The static budget,at the beginning of the month,for Steak Frites Company follows: Static budget:
Sales volume: 1,100 units; Sales price: $70.00 per unit
Variable costs: $32.00 per unit; Fixed costs: $38,500 per month
Operating income: $3,300
Actual results,at the end of the month,follows:
Actual results:
Sales volume: 995 units; Sales price: $74.00 per unit
Variable costs: $36.00 per unit; Fixed costs: $35,000 per month
Operating income: $2,810
Calculate the sales volume variance for revenue.

• A) $3,500 U
• B) $7,350 U
• C) $3,990 U
• D) $3,980 F

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Definitions:

Public Commitments

Declarations or promises made in a public setting, binding an individual, group, or organization to a specific course of action.

Persuasive Message

is communication crafted to influence or convince others to adopt a certain viewpoint or take a specific action.

Ethical Leadership

A style of leadership that is guided by respect for ethical beliefs and values, and the dignity and rights of others, focusing on morality and ethical decision making in the leadership process.

Ethics Competency

The proficiency in recognizing and implementing ethical codes and benchmarks during decision-making activities.