Archoid's Flowering Plants Provides the Following Information for the Month

question 89

Multiple Choice

Archoid's Flowering Plants provides the following information for the month of May:

For May,the company will report a(n) ________.(Round any intermediary calculations two decimal places. )

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

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Definitions:

Forecast Future Sales

The process of estimating the amount of product or service a company will sell in the future, based on historical data, trends, and market analysis.

Market Interval Scales

Measurement scales used in market research that show the order of options, plus the ability to quantify and compare the size of differences between them.

Sales Force Estimates

Projections or assessments made by an organization’s sales team regarding future sales volume, based on their direct interaction with the market and customers.

Expert Opinions

Insights and assessments provided by individuals with extensive knowledge or expertise in a particular field, often used to inform decisions or validate assumptions.