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Data for the latest period for a company which makes and sells a single product are as follows:
There were no budgeted or actual changes in inventories during the period.
The sales volume contribution variance for the period was:
Suggested Answer: D
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30 comments · newest first
CA
Carey
11 months ago
Not sure about these options, something feels off here.
RU
Ruthann
11 months ago
I’m leaning towards $5,666 adverse. Feels right.
PE
Pedro
11 months ago
Wait, how can it be $16,000? That seems way off.
BR
Bronwyn
12 months ago
Definitely $6,220 adverse, no doubt!
FL
Flo
12 months ago
I think it's $9,267 adverse.
VO
Vonda
12 months ago
I vaguely recall that the sales volume contribution variance is affected by the difference in actual and budgeted sales. I think I’ll go with C, but I’m not entirely confident.
CH
Cherrie
1 year ago
I feel like the adverse variances can be tricky. I’m torn between A and D, but I think I might have seen a similar question where the answer was around $6,000.
AS
Ashley
1 year ago
This question seems similar to one we did in class about sales volume variances. I think I might lean towards option B, but I need to double-check my calculations.
BR
Brittni
1 year ago
I remember we practiced calculating contribution variances, but I’m not sure if I’ve got the formula right for this one.
DA
Darci
1 year ago
Alright, let's do this! I'm feeling confident I can work through this step-by-step and arrive at the correct answer.
MA
Matt
1 year ago
Okay, I think I've got this. I'll need to calculate the actual sales volume, the budgeted sales volume, and then find the difference to get the sales volume variance.
JU
Julianna
1 year ago
Hmm, I'm a bit confused by the lack of information on inventory changes. I'll need to think through how that might impact the sales volume variance calculation.
CA
Carma
1 year ago
This looks like a standard variance analysis question. I'll start by calculating the sales volume variance using the given information.
ME
Mee
2 years ago
That makes sense. I see your point now.
GE
German
2 years ago
I think the sales volume contribution variance must be higher based on the data provided.
AI
Aileen
2 years ago
You know what they say, 'When life gives you lemons, make lemonade.' Or in this case, 'When life gives you adverse sales volume contribution variances, make... well, something else, I guess.'
ME
Mee
2 years ago
Why do you think it's C? Can you explain your rationale?
TE
Terrilyn
2 years ago
Wait, is this a trick question or did the company just have a really bad quarter? Either way, I'm gonna go with A - $6,220 adverse, and hope for the best.
GR
Graciela
2 years ago
User 3: Let's hope for better results next quarter.
WI
Winifred
2 years ago
User 2: Yeah, I agree. I also chose option A - $6,220 adverse.
PO
Pok
2 years ago
User 1: I think it's a tough quarter for the company.
GE
German
2 years ago
I disagree, I believe the answer is C) $16,000 adverse.
AL
Alyce
2 years ago
Ooh, a single-product company, huh? Sounds like a simple setup. I'm feeling confident with D - $5,666 adverse. Nailed it!
EV
Eve
2 years ago
This looks like a tricky one. Gotta love those trick questions! I'm gonna go with C - $16,000 adverse, just to keep them on their toes.
ZO
Zoila
2 years ago
Hmm, let's see. With no changes in inventory, the sales volume contribution variance must be adverse. I'm going with B - $9,267 adverse.
SH
Shad
2 years ago
I agree with the original comment, B) $9,267 adverse seems to be the correct answer.
RE
Rex
2 years ago
I'm leaning towards D) $5,666 adverse.
ME
Meaghan
2 years ago
I disagree, I believe it's C) $16,000 adverse.
WH
Whitney
2 years ago
I think it's A) $6,220 adverse.
ME
Mee
2 years ago
I think the answer is B) $9,267 adverse.