Hollaway Corp. has the following data for the current fiscal year: Actual Budget Sales Units Product X 20,000 90,000 Product Y 140,000 110,000 Total 160,000 200,000 Contribution Margin Product X $ 9.00 $ 8.00 Product Y $ 6.00 $ 5.00 The contribution margin sales volume variance is: Multiple Choice $200,000 favorable. $260,000 unfavorable. $340,000 unfavorable. $410,000 unfavorable. $580,000 unfavorable.

Dahlia enterprises needs someone to supply it with 127,000 cartons of machine screws per year to support its manufacturing needs over the next five years, and you’ve decided to bid on the contract. it will cost you $940,000 to install the equipment necessary to start production; you’ll depreciate this cost straight-line to zero over the project’s life. you estimate that in five years, this equipment can be salvaged for $77,000. your fixed production costs will be $332,000 per year, and your variable production costs should be $11.00 per carton. you also need an initial investment in net working capital of $82,000. if your tax rate is 30 percent and your required return is 11 percent on your investment, what bid price should you submit? (do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. ( t or f)

Which of the following would be an accurate statement about achieving a balanced budget