The Sales Volume Variance Was A)$16,000 Favorable

question 98

Multiple Choice

The sales volume variance was: $\begin{array}{ccc}\text { Item to Classify }&\text {Standard}&\text { Actual }\\\text { Sales volume } & 100.000 \text { units } & 96.000 \text { units } \\\text { Sales price } & \$ 4 \text { per unit } & \$ 3.90 \text { per unit } \\\text { Materials usage } & 40,000 \text { gallons } & 42.000 \text { gallons } \\\text { Labor price } & 12.50 \text { per Hour } & 12.45 \text { per hour }\end{array}$

• A)$16,000 favorable.
• B)$16,000 unfavorable.
• C)$25,000 unfavorable.
• D)$25,000 favorable.

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Definitions:

Life Expectancy

The average period that a person may expect to live, based on demographic factors and health conditions.

Target-date

Target-date refers to a specific point in time set as a goal or deadline for the achievement of an objective, commonly used in the context of retirement planning investments.

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Investment funds that employ diverse strategies to earn active returns for their investors, often using high leverage and making speculative investments.