Fox Manufacturing at the Beginning of the Year, Fox Manufacturing

question 38

Multiple Choice

Fox Manufacturing At the beginning of the year, Fox Manufacturing had budgeted for the production and sale of 24,000 units. The standard sales price and variable costs per unit were budgeted to be $20.00 and $8.00, respectively. Actual sales for the year totaled 21,000 units, and the actual sales price and variable costs per unit were $19.50 and $8.00, respectively. Both budgeted and actual fixed costs were $20,000.
Refer to the Fox Manufacturing information above. What was Fox's sales price variance for the year?

• A) $10,500 F
• B) $10,500 U
• C) $12,000 F
• D) $12,000 U

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Definitions:

Behavioral Therapist

A mental health professional who uses techniques based on learning theories to help patients modify maladaptive behaviors.

Exposure

A therapeutic technique in psychology where individuals confront their fears by being brought into direct or imagined contact with the feared object, activity, or situation.

Response Prevention

A cognitive-behavioral therapy technique aimed at preventing individuals from performing their typical compulsive behaviors in response to anxiety-provoking stimuli.

Anorexia

An eating disorder characterized by an obsessive fear of gaining weight, leading to a refusal to maintain a healthy body weight and an unrealistic perception of body image.