What is the quantity factor and price factor, Accounting Basics

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What is the quantity factor and price factor

Edna's Chocolates had planned to sell chocolate-covered strawberries for $3.00 each. Due to various factors, the actual price was $2.75. Edna's was able to sell 1,000 more strawberries than the anticipated 4,000. What is (1) the quantity factor and (2) the price factor for sales?

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Accounting Basics: What is the quantity factor and price factor

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Accounting Basics: What is the quantity factor and price factor

Reference No:- TGS0697406

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Difference between the cash and accrual methods accounting

Q : Describe the transaction price

Q : Determine the maximum volume flow rate of water

Q : Identify the type of evidence used for each audit procedure

Q : What is the quantity factor and price factor

Q : Compute the ending inventory at september

Q : Does the percent rate appear to be reasonable

Q : Present problem using null and hypothesis test setup

Q : Calculate maximum and minimum stock level

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What is the quantity factor and price factor

Reference No:- TGS0697406

Recent Questions Asked Accounting Basics

Q : Difference between the cash and accrual methods accounting

Q : Describe the transaction price

Q : Determine the maximum volume flow rate of water

Q : Identify the type of evidence used for each audit procedure

Q : What is the quantity factor and price factor

Q : Compute the ending inventory at september

Q : Does the percent rate appear to be reasonable

Q : Present problem using null and hypothesis test setup

Q : Calculate maximum and minimum stock level

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