The Corata Appliance Manufacturing Corporation manufactures two vacuum cleaners, the Standard and the Super. The following...
The Corata Appliance Manufacturing Corporation manufactures two vacuum cleaners, the Standard and the Super. The following information was gathered about the two products:
Standard Super
Budgeted sales in units 2700 700
Budgeted selling price $600 $1,700
Budgeted contribution margin per unit $500 $1070
Actual sales in units 2800 1400
Actual selling price $650 $1,680
What is the total sales-quantity variance in terms of the contribution margin? (Round intermediary calculations to two decimal places.)
| A. |
$495,760 favorable |
|
| B. |
$179,760 favorable |
|
| C. |
$316,000 favorable |
|
| D. |
$136,240 favorable |
Homework Answers
Budgeted sales mix
Standard = 2700/(2700+700) = 0.79
Super = 700/(2700+700) = 0.21
Total sales quantity Variance
= (Actual sales-Budgeted) * budgeted sales mix * budgeted contribution margin
Standard = [(2800+1400)-(2700+700)]*0.79*500
= 316,000
Super = [(2800+1400)-(2700+700)]*0.21*1070
= 179,760
Total = 316,000+179,760
= 495,760 Favourable
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The Corata Appliance Manufacturing Corporation manufactures two
vacuum cleaners, the Standard and the Super. The following...
The Corata Appliance Manufacturing Corporation manufactures two vacuum cleaners, the Standard and the Super. The following...
The Corata Appliance Manufacturing Corporation manufactures two vacuum cleaners, the Standard and the Super. The following information was gathered about the two products: Standard Super Budgeted sales in units 2700 600 Budgeted selling price $600 $1,700 Budgeted contribution margin per unit $600 $1080 Actual sales in units 3000 1400 Actual selling price $650 $1,680 What is the total sales-mix variance in terms of the contribution margin? (Round intermediary calculations to two decimal places.) A. $295,680 favorable B. $1,034,880 favorable C. $369,600 favorable D. $665,280 favorable
The Corata Appliance Manufacturing Corporation manufactures two vacuum cleaners
The Corata Appliance Manufacturing Corporation manufactures two vacuum cleaners, the Standard and the Super. The following information was gathered about the two products: StandardSuperBudgeted sales in units2700600Budgeted selling price $600 $1,700Budgeted contribution margin per unit$600$1080Actual sales in units30001400Actual selling price$650 $1,680 What is the total sales-mix variance in terms of the contribution margin? (Round Intermediary calculations to two decimal places) A $369,600 favorable B. $295,680 favorable C. $1,034,880 favorable D. 5665 280 favorable
The Corata Appliance Manufacturing Corporation manufactures two vacuum cleaners
The Corata Appliance Manufacturing Corporation manufactures two vacuum cleaners, the Standard and the Super. The following information was gathered about the two products: StandardSuperBudgeted sales in units2800640Budgeted selling price $600 $1,700Budgeted contribution margin per unit$430$1050Actual sales in units30001200Actual selling price$650 $1,680 What is the total sales volume variance in terms of the contribution margin? I.$502,000 favorable II. $588,000 unfavorable II. $674,000 unfavorable IV. $674,000 favorable
The Corata Appliance Manufacturing Corporation manufactures two vacuum Cleaners
The Corata Appliance Manufacturing Corporation manufactures two vacuum Cleaners, the Standard and the Super. The following information was gathered about the two productsWhat is the total sales-quantity variance in terms of the contribution margin? Round Intermediary calculations to two decimal places.) A $136.240 favorable B. $495.760 favorable C. $179,760 favorable D. $316,000 favorable
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