Business, 12.03.2021 18:30, Wemaybewrong

the Theta Corporation manufactures two types of air filters: the EVELYN for commercial building use and the EMILEE for residences. Budgeted and actual operating data for the year 2019 are as follows: Static budget EVELYN EMILEE Total Number sold 15,000 58,000 73,000 Contribution margin $3,750,000 $11,948,000 $15,698,000 Actual results EVELYN EMILEE Total Number sold 17,500 45,500 63,000 Contribution margin $6,212,500 $10,260,250 $16,472,750 Assume that Theta Corporation operates in Midwest market. The total Midwest market is expected to be 500,000 units in sales volume for 2019. The actual total Midwest market for 2019 was 450,000 units in sales volume. Required: Label all variances as either favorable (F) or unfavorable (UF) a. Calculate the total contribution margin for the flexible budget. b. Determine the total static-budget variance, the total flexible-budget variance, and the total sales-volume variance in terms of the contribution margin. c. Calculate the market-share and market size variances in contribution margin terms for the Theta Corporation for 2019.

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 00:40, alaynagrace1111

Select the statement that indicates tina's company is a partnership. tina jones is a dancer specializing in latin dance styles. she always wanted to have her own dance studio where she could teach dancing to young and old alike. in 2006, she opened her first dance studio, electric diva, in madison triangle. it was a great choice as a business location because it's well-connected by highways to most places in the city. she leased the space for three years. her initial investment included a good sound system, cheerful interior design, and strong flooring. to raise capital for the business, tina turned to her brother-in-law, philip. philip made half the financial investment. he manages the accounts and social media needs of the business. he has a 30% share in trisha's business. together, they expanded the business to three dance studios in the city and plan to open franchises in other cities.

Answers: 1

continue

Business, 22.06.2019 03:00, oliviaberta91

What is the relationship between marginal external cost, marginal social cost, and marginal private cost? a. marginal social cost equals marginal private cost plus marginal external cost. b. marginal private cost plus marginal social cost equals marginal external cost. c. marginal social cost plus marginal external cost equals marginal private cost. d. marginal external cost equals marginal private cost minus marginal social cost. marginal external cost a. is expressed in dollars, so it is not an opportunity cost b. is an opportunity cost borne by someone other than the producer c. is equal to two times the marginal private cost d. is a convenient economics concept that is not real

Answers: 3

continue

Business, 22.06.2019 12:50, sunshine0613

Explain whether each of the following events increases or decreases the money supply. a. the fed buys bonds in open-market operations. b. the fed reduces the reserve requirement. c. the fed increases the interest rate it pays on reserves. d. citibank repays a loan it had previously taken from the fed. e. after a rash of pickpocketing, people decide to hold less currency. f. fearful of bank runs, bankers decide to hold more excess reserves. g. the fomc increases its target for the federal funds rate.

Answers: 3

continue

Business, 22.06.2019 17:40, payloo

To appeal to a new target market, the maker of hill's coffee has changed the product's package design, reformulated the coffee, begun advertising price discounts in women's magazines, and started distributing the product through gourmet coffee shops. what has been changed? a. the product's perceptual value. b. the product's 4ps. c. the method used in its target marketing. d. the ownership of the product line. e. the product's utility.

Answers: 3

continue

Do you know the correct answer?

the Theta Corporation manufactures two types of air filters: the EVELYN for commercial building use...