Correct Answer You Answered ABC Co. anticipates selling 29,000 units of a major product and paying sales commissions of $6 per unit. Actual sales and sales commissions totaled 31,500 units and $182,700, respectively. If the company used a static budget for performance evaluations, ABC would report a cost variance of: $8,700 F $3,600 F $8,700 U $6,300 F $6,300 U
Correct Answer You Answered ABC Co. anticipates selling 29,000 units of a major product and paying sales commissions of $6 per unit. Actual sales and sales commissions totaled 31,500 units and $182,700, respectively. If the company used a static budget for performance evaluations, ABC would report a cost variance of: $8,700 F $3,600 F $8,700 U $6,300 F $6,300 U
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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ABC Co. anticipates selling 29,000 units of a major product and paying sales commissions of $6 per unit.
Actual sales and sales commissions totaled 31,500 units and $182,700, respectively. If the company used a static
budget for performance evaluations, ABC would report a cost variance of:
$8,700 F
$3,600 F
$8,700 U
$6,300 F
$6,300 U
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