MacPhail Corporation Manufactures and Sells a Single Product

question 88

Multiple Choice

MacPhail Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During April, the company budgeted for 5,600 units, but its actual level of activity was 5,650 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for April:

Data used in budgeting:

Actual results for April:
-The revenue variance for April would be closest to:

• A)$1,645 F
• B)$1,645 U
• C)$3,840 U
• D)$3,840 F

---

Definitions:

Cognitive Development

The process by which individuals acquire and develop the ability to think, understand, and reason over time.

Social Referencing

A baby’s adjustment of its reactions to objects or events based on feedback provided by a caregiver. For example, a baby may look at a caregiver’s facial expression before approaching a new toy.

Intergenerational Transmission

When parents repeat with their children the patterns of trauma, rejection, and maltreatment that they experienced as children from their own parents.

Social Referencing

This is the process by which people look to others in an environment to get cues on how to understand or react to uncertain situations or events.