Wheat Inc.has an exclusive contract with an exporter.Two brands of wheat are imported,labeled AB and CD.The following data are provided for the current fiscal year:
The total market was estimated to 40,000 bushels at the time of budget.The actual total market for the year is 32,000 bushels.
What is the firm's total sales quantity variance?
A)$0.
B)$3,500 unfavorable.
C)$4,000 favorable.
D)$37,500 favorable.
E)$50,000 favorable.

Question

Wheat Inc.has an exclusive contract with an exporter.Two brands of wheat are imported,labeled AB and CD.The following data are provided for the current fiscal year: 
The total market was estimated to 40,000 bushels at the time of budget.The actual total market for the year is 32,000 bushels.
What is the firm's total sales quantity variance?
A)$0. 
B)$3,500 unfavorable. 
C)$4,000 favorable. 
D)$37,500 favorable. 
E)$50,000 favorable.

Quizplus · Accepted Answer

The Answer of Wheat Inc.has an exclusive contract with an exporter.Two brands of wheat are imported,labeled AB and CD.The following data are provided for the current fiscal year: 
The total market was estimated to 40,000 bushels at the time of budget.The actual total market for the year is 32,000 bushels.
What is the firm's total sales quantity variance?
A)$0. 
B)$3,500 unfavorable. 
C)$4,000 favorable. 
D)$37,500 favorable. 
E)$50,000 favorable.

Wheat IncHas an Exclusive Contract with an Exporter