Felter Company Reported That the Total Variance Between Actual and Budgeted

question 45

Multiple Choice

Felter Company reported that the total variance between actual and budgeted total contribution margin in April was $1000 favourable. The sales price variance was $5000 favourable. The fixed overhead budget variance was $1200 unfavourable. The sales volume variance was

• A) $4000 unfavourable.
• B) $4000 favourable.
• C) $5200 unfavourable.
• D) $5200 favourable.

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Definitions:

Transaction

A process of buying or selling goods or services, or any exchange of value between two or more parties.

Batch Processing

A method of processing data where a group of transactions is gathered over a period and processed together at once.

Completeness

The attribute of being whole or perfect, with no missing parts or elements.