Daniels Corporation Used the Following Data to Evaluate Their Current

question 172

Multiple Choice

Daniels Corporation used the following data to evaluate their current operating system.The company sells items for $19 each and had used a budgeted selling price of $20 per unit.

What is the static-budget variance of revenues?

• A)$299,000 favorable
• B)$260,000 favorable
• C)$260,000 unfavorable
• D)$299,000 unfavorable

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Definitions:

SA8000 Certification

An international certification standard that promotes socially acceptable practices in the workplace, including those related to labor rights and working conditions.

Social Accountability International

An organization dedicated to advancing human rights at workplaces globally through standards and accreditation.

Intensive Audit

A thorough and detailed examination of a company's or organization's accounts, systems, or processes to ensure accuracy and compliance.

North American Free Trade Act (NAFTA)

An agreement that was implemented to remove tariff barriers between the U.S., Canada, and Mexico to encourage economic integration.