Business, 13.05.2021 20:10 jasmelynn16

Peterson, Inc., manufactures and sells three products: A, B, and C. In January, Peterson, Inc., budgeted sales of the following. Budgeted VolumeBudgeted Price Product A120,000$40 Product B150,00015 Product C20,00020 At the end of the year, actual sales for Product A and Product B were $4,580,000 and $2,415,000 respectively. The actual price charged for each was equal to the budgeted price. Product C, however, had revenues of $500,000. While total revenue was higher than expected, the actual price of $10 represented a last-minute revision from budget to increase consumer acceptance of the product. Required: Calculate the sales price variance and price volume variance for each of the three products based on the original budget.

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 13:00

One way that marketing mix characteristics differ for organizational buying

Answers: 3

Answer

Business, 21.06.2019 17:40

Assume the government imposes a $2.25 tax on suppliers, which results in a shift of the supply curve from s1 to s2. the price the seller receives for the product after paying the tax is

Answers: 2

Answer

Business, 22.06.2019 16:50

According to ceo heidi ganahl, camp bow wow requires a strong and consistent corporate culture to keep all local franchise owners "on the same page" and to follow a common template for the business and brand. this culture could become detrimental over time because: (a) strong consistent cultures are inflexible and incapable of adapting to environmental change (b) strong consistent cultures are too flexible and capable of adapting to environmental change (c) strong consistent cultures don’t perform well in any environment (d) the passing of time provides stability and predictability for businesses

Answers: 2

Answer

Business, 22.06.2019 23:10

Mr. pines is considering buying a house and renting it to students. the yearly operating costs are $1,900. the house can be sold for $175,000 at the end of 10 years and it is considered 18% to be a suitable annual effective interest rate. if the house costs $100,000 to purchase, how much would you need to charge your tenants each year in rent? (assume a single payment for the years rent at the end of each year)

Answers: 1

Answer

You know the right answer?

Peterson, Inc., manufactures and sells three products: A, B, and C. In January, Peterson, Inc., budg...

Questions