Winston Co. had two products code named X and Y. The firm had the following budget for August: Product X Product Y Total Sales $ 312,500 $ 500,000 $ 812,500 Variable Costs 200,000 250,000 450,000 Contribution Margin $ 112,500 $ 250,000 $ 362,500 Fixed costs 50,000 108,000 158,000 Operating Income $ 62,500 $ 142,000 $ 204,500 Selling Price per unit $ 100 $ 50 On September 1, the following actual operating results for August were reported: Product X Product Y Total Sales $ 330,000 $ 520,000 $ 850,000 Variable Costs 182,000 208,000 390,000 Contribution Margin $ 148,000 $ 312,000 $ 460,000 Fixed costs 50,000 108,000 158,000 Operating Income $ 98,000 $ 204,000 $ 302,000 Units Sold 3,000 9,000 Total industry volume for both products X and Y was estimated to be 130,000 units at the time of the budget. Actual industry volume for the period for products X and Y was 100,000 units. The firm's total sales quantity variance for the period is:

Match the following definitions to your vocabulary words. 1. separation from a main group to form a new group as a result of disunity ethnic 2. group of people that share a distinctive race, culture, heritage, or nationality discrimination 3. removal of legal and social barriers which impose separation of groups integration 4. practice that treats equal people unequally; denial of opportunities to compete for social and economic rewards stereotyping 5. acting in a biased manner; using prejudicial thinking segregation

Identify the accounting assumption or principle that is described below. (a) select the accounting assumption or principle is the rationale for why plant assets are not reported at liquidation value. (note: do not use the historical cost principle.) (b) select the accounting assumption or principle indicates that personal and business record-keeping should be separately maintained. (c) select the accounting assumption or principle assumes that the dollar is the "measuring stick" used to report on financial performance. (d) select the accounting assumption or principle separates financial information into time periods for reporting purposes. (e) select the accounting assumption or principle measurement basis used when a reliable estimate of fair value is not available. (f) select the accounting assumption or principle dictates that companies should disclose all circumstances and events that make a difference to financial statement users.

Which of the following is least likely to a team solve problems together