Winston Company had two products code named X and Y. The fem had the following budget for August Product X Product Y Total $ 542,000 227,640 $ 314,360 100,000 $ 214,360 $ 850, 000 430,920 $ 419, e80 114,000 Sales 203, 280 $ 104,720 14,000 $ 90,720 Variable Costs Contribution Margin Fixed costs $ 305,eko Operating Incone Selling Price per unit $ 100 $ 50 On September t, the following actual operating results for August were reported Product Y S 567,000 221,500 $ 345,500 100,00 $ 245,500 9,e0e Product X Total $ 364,400 200, 500 $ 163,900 14,00e $ 931,400 422,00e $ se9, 400 114, ee $ 395,480 Sales Variable Costs Contribut ion Margin Fixed costs $ 149,900 3,e0e Operating Incone Units Sold 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 Xand Y wes 100,000 units The sales quantity voriance for Product Y is: (Round your sales mix' percentage to the nearest whole percent.)
Winston Company had two products code named X and Y. The fem had the following budget for August Product X Product Y Total $ 542,000 227,640 $ 314,360 100,000 $ 214,360 $ 850, 000 430,920 $ 419, e80 114,000 Sales 203, 280 $ 104,720 14,000 $ 90,720 Variable Costs Contribution Margin Fixed costs $ 305,eko Operating Incone Selling Price per unit $ 100 $ 50 On September t, the following actual operating results for August were reported Product Y S 567,000 221,500 $ 345,500 100,00 $ 245,500 9,e0e Product X Total $ 364,400 200, 500 $ 163,900 14,00e $ 931,400 422,00e $ se9, 400 114, ee $ 395,480 Sales Variable Costs Contribut ion Margin Fixed costs $ 149,900 3,e0e Operating Incone Units Sold 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 Xand Y wes 100,000 units The sales quantity voriance for Product Y is: (Round your sales mix' percentage to the nearest whole percent.)
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
Chapter9: Profit Planning And Flexible Budgets
Section: Chapter Questions
Problem 48BEB: Performance Report Based on Budgeted and Actual Levels of Production Balboa Company budgeted...
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