Answer:
B) $5,250 Unfavorable
Explanation:
The sales revenue variance can be calculated by:
Variance = (Budgeted selling price - Actual selling price) * Actual units sold
Variance = (6 - 5.95) * 105,000 = $5250. Unfavorable as if budgeted price was charged it would result in a higher revenue at current level of activity.
The sales volume variance on the other hand is favorable as more units were sold than budgeted.
Hope that helps.
Answer: True
Explanation:
Yes, the given statement is true that the initial or the first step of creating a proper budget we always create a list and then identify our expenses according to the specific requirement.
We should always keep the all the financial records regularly so that we can make the proper budget list of the expenses. The budget is basically depend upon the individual living requirement, expenses and the income.
The answer is True. Hope this helps
The key difference in accounting procedures between sole proprietorships and partnerships is how the capital section is handled. In partnerships, the capital section is divided according to the number of partners with each partner contributing differently.
Learn more about Partnerships here:
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Leadership would be very formal and strict. Managers would expect their subordinates to conform to the system that they implement and follow it to the letter. This is a very tight style of management where the employees have to adapt to the management if they want to stay employed.
Brian has no understanding of budgeting. Each of his statements is incorrect.
Brian has a limited understanding of budgeting. A budget will give him more money each month, but it will not help him keep track of his spending.
Brian has some understanding of budgeting. However, a budget does not create more money each month. It just helps him use his money better.
Brian has a good understanding of budgeting. Each of his statements is correct.
Answer:
False. Product placement is not an entirely new form of advertising and has been used in television for several decades.
Product placement refers to the practice of integrating branded products or services into various forms of media, including television shows, movies, music videos, and video games. It involves the strategic placement of products within the content itself, with the intention of promoting or increasing brand awareness among viewers.
The concept of product placement can be traced back to the early days of cinema, where companies would pay to have their products featured prominently in films. However, it gained significant popularity and recognition in the 1980s when it became more prevalent in television shows.
One of the earliest examples of product placement on television can be seen in the popular sitcom "I Love Lucy" which aired from 1951 to 1957. The show prominently featured various brands such as Philip Morris cigarettes and Chevrolet cars. This marked one of the first instances where advertisers paid for their products to be integrated into a TV show.
Since then, product placement has become a common advertising strategy used by brands across various forms of media. It has evolved to become more sophisticated and subtle over time, with advertisers finding creative ways to seamlessly integrate their products into the storyline or scenes.
In recent years, product placement has expanded beyond traditional television and film to include digital platforms such as streaming services and online videos. With the rise of influencer marketing and social media, brands are now leveraging product placement opportunities within content created by popular online personalities.
It is important to note that while product placement is a widely used advertising technique, there are regulations and guidelines in place to ensure transparency and disclosure to viewers. In many countries, including the United States, there are rules that require clear labeling or disclosures when a product is being promoted through product placement.
Allan Wicker's 1969 research found that individuals' attitudes don't always predict their behaviors in situations like cheating, hiring practices and racial attitudes. This points to the complexity of the relationship between attitude and behavior.
The 1969 study by Allan Wicker claims that a person's attitudes may not necessarily align with their behaviors. This concept can be observed through three instances. First, it's observed that the attitudes of students towards cheating did not accurately predict their own cheating behaviors. Second, statements made by employers about whom they would prefer to hire often contrasted with their actual employee rosters. Finally, the personal narrative of one's racial attitudes did not necessarily predict their behaviors in realistic scenarios. Wicker's study illustrates how complex the relationship between attitude and behavior can be, and that various factors such as social pressures, internal states, and situational context can affect this behavior.
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