The Ferguson Company Estimated That October Sales Would Be 100,000

question 9

Multiple Choice

The Ferguson Company estimated that October sales would be 100,000 units with an average selling price of $6.00.Actual sales for October were 105,000 units,and average selling price was $5.95. The sales revenue flexible budget variance was:

• A) $5,000 favorable.
• B) $5,000 unfavorable.
• C) $5,250 favorable.
• D) $5,250 unfavorable.

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Definitions:

Bilateral Wrist Restraints

Devices applied to both wrists to restrict movement and prevent self-harm or harm to others, typically used in healthcare settings.

Quasi-intentional Tort

A legal term describing actions that have outcomes not intended by the doer, such as in cases of negligence, where harm results from a lack of intention to cause harm.

State Board of Nursing

A regulatory body responsible for licensing nurses and setting nursing practice standards within a specific state to ensure quality and competent nursing care.

Medical Malpractice

A legal cause of action occurring when a healthcare professional deviates from standards in their profession, resulting in harm to a patient.