Static-budget total contribution margin Budgeted units to be sold of all glasses Budgeted contribution margin per unit of Plain Budgeted contribution margin per unit of Chic Total sales-quantity variance Actual sales-mix percentage of Plain $15,525 2,300 units $5 per unit $12 per unit $2,700 U 60% All variances are computed in contribution-margin terms. Calculate the sales-quantity variances for each product for June 2017. Calculate the individual-product and total sales-mix variances for June 2017. Calculate the individual- product and total sales-volume variances for June 2017. Briefly describe the conclusions you can draw from the variances. 1. Required 2. 3.
Static-budget total contribution margin Budgeted units to be sold of all glasses Budgeted contribution margin per unit of Plain Budgeted contribution margin per unit of Chic Total sales-quantity variance Actual sales-mix percentage of Plain $15,525 2,300 units $5 per unit $12 per unit $2,700 U 60% All variances are computed in contribution-margin terms. Calculate the sales-quantity variances for each product for June 2017. Calculate the individual-product and total sales-mix variances for June 2017. Calculate the individual- product and total sales-volume variances for June 2017. Briefly describe the conclusions you can draw from the variances. 1. Required 2. 3.
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter7: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 26BEB: Variable Cost Ratio, Contribution Margin Ratio Chillmax Company plans to sell 3,500 pairs of shoes...
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