Dhofar Inc. has the following sales forecasts for next year: First Quarter 10,000 units Second Quarter 6% increase over first quarter Third Quarter 4% decrease from second quarter Fourth Quarter 7% increase over first quarter What is Dhofar's estimated sales in units for next year? Select one: a. 42,225 units b. 41,485 units c. 41,900 units d. 41,476 units
Variance Analysis
In layman's terms, variance analysis is an analysis of a difference between planned and actual behavior. Variance analysis is mainly used by the companies to maintain a control over a business. After analyzing differences, companies find the reasons for the variance so that the necessary steps should be taken to correct that variance.
Standard Costing
The standard cost system is the expected cost per unit product manufactured and it helps in estimating the deviations and controlling them as well as fixing the selling price of the product. For example, it helps to plan the cost for the coming year on the various expenses.
Dhofar Inc. has the following sales
First Quarter 10,000 units
Second Quarter 6% increase over first quarter
Third Quarter 4% decrease from second quarter
Fourth Quarter 7% increase over first quarterWhat is Dhofar's estimated sales in units for next year?
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