The actual contribution margin per unit will impact the following sales variance:
A. Market-size variance
B. Sales-quantity variance
C. Market-share variance
D. Flexible-budget variance
Homework Answers
| Option D is the answer | |
|
Flexible budget variance = (Actual contribution margin per unit - Budgeted contribution margin per unit)*Actual units sold. Comment if you face any issues |
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The actual contribution margin per unit will impact the
following sales variance:
A. Market-size variance
B....
Sales Volume Variance can be calculated as: ( Market Size Variance plus Market Share Variance Budgeted...
Sales Volume Variance can be calculated as: ( Market Size Variance plus Market Share Variance Budgeted Contribution Margin x | Actual Quantity of Output - Budgeted Quantity of Output The difference between the Operating Income of the Static Budget and Flexible Budget The difference between the Total Contribution Margin of the Static Budget and the Flexible Budget CD All of the above
The sales-mix variance will be unfavorable when which of the following occurs? A) the actual sales...
The sales-mix variance will be unfavorable when which of the following occurs? A) the actual sales mix shifts toward the less profitable units B) the contribution margin per composite unit for the actual mix is greater than the budgeted mix C) the actual unit sales are less than the budgeted unit sales D) the actual contribution margin is less than the static-budget contribution margin
The Tempest Company has the following information for the current year. Actual Budget Sales Units Product...
The Tempest Company has the following information for the current year. Actual Budget Sales Units Product X 22,000 20,000 Product Y 33,000 30,000 Total 55,000 50,000 Sales Mix for each Product Product X 40.0% 40.0% Product Y 60.0% 60.0% Price Product X $22.00 $20.00 Product Y $35.00 $30.00 Variable Cost per Unit Product X $15.00 $14.00 Product Y $16.00 $18.00 The industry budget is 2 million units and the actual result for the industry is 2.5 million units. Required: Compute...
1. What is the market share variance? 2. What is the market size variance? 3. What...
1. What is the market share variance?
2. What is the market size variance?
3. What is the selling price variance and sales volume
variance?
4. What is the sales mix variance and sales quantity
variance?
PLEASE PROVIDE CALCULATIONS
Tall Pines Brewery (TPB) makes two specialty beers in its microbrewery: Golden Ale and Dark Ale. Both beers sell for the same price per case in the U.S. market and in the export market. The latter market is primarily European countries....
Requirement 1. What is the budgeted sales price per unit? The budgeted sales price per unit...
Requirement 1. What is the budgeted sales price per unit? The budgeted sales price per unit is $ 3.40. Requirement 2. What is the budgeted variable expense per unit? The budgeted variable expense per unit is $ 1.80 . Requirement 3. What is the budgeted fixed cost for the period? The budgeted fixed cost for the period is $ 69,000 Requirements 4 and 5. Compute the master budget variances. Be sure to indicate each variance as favorable (F) or unfavorable...
Master Master Budget Variance Actual 60,500 Budget 57,000 Sales volume (number of cases sold) Sales revenue...
Master Master Budget Variance Actual 60,500 Budget 57,000 Sales volume (number of cases sold) Sales revenue Less: Variable expenses Contribution margin Less: Fixed expenses $ 193,700 $ 71,200 176,700 62,700 $ 122,500 $ 73,200 114,000 72,000 $ 49,300 $ 42,000 Operating income The budgeted sales price per unit is $ 3.10 Requirement 2. What is the budgeted variable expense per unit? The budgeted variable expense per unit is $ 1.10. Requirement 3. What is the budgeted fixed cost for the...
1. What is the market share variance? 2. What is the market size variance? 3. What...
1. What is the market share variance?
2. What is the market size variance?
3. What is the selling price variance and sales volume
variance?
4. What is the sales mix variance and sales quantity
variance?
PLEASE PROVIDE CALCULATIONS
I have the correct answers, but I cannot post them for some
reason...please, don't post something if you do NOT KNOW what you
are doing!!!
Tall Pines Brewery (TPB) makes two specialty beers in its microbrewery: Golden Ale and Dark Ale....
Requirement 1. For each of the following independent situations, calculate the contribution margin per unit and...
Requirement 1. For each of the following independent situations, calculate the contribution margin per unit and the breakeven point in units: Begin by showing the formula for contribution margin per unit and then enter the amounts to calculate the contribution margin per unit for each situation. (Abbreviation used: CM = contribution margin.) CM per unit Situation a. II Situation b. Situation c. Situation d. Now select the labels to show the formula for breakeven point in units and then enter...
ses. To follow is the company's performance report in contribution margin format for August: Data Table...
ses. To follow is the company's performance report in contribution margin format for August: Data Table The Outrageous Balloon Company Actual vs. Budget Performance Report For the Month Ended August 31 Master Budget Master Budget Variance Actual Sales volume (number of cases sold) Sales revenue 60,000 57,000 Less: Variable expenses Contribution margin 217,800 $ 124,500 93,300 $ 66,200 193,800 114,000 79,800 65,000 Less: Fixed expenses Operating income $ 27,100 $ 14.800 PR 7 of 9 (1 complete) ulti-pack cases. To...
Question 17 )The sales volume variance is the differernc between the ? A) Actual results and the expected results in t...
Question 17 )The sales volume variance is the differernc between the ? A) Actual results and the expected results in the flexible budget for the actual units sold B)Expected results in the flexible budget for the actual units sold and the static budget c)Static budget and actual amounts due to differences in sales price d)flexible budget and static budget due to differences in fixed costs Question 18 )Generals Co.can further process Product B to Product product A. product B currently...
Sales Volume Variance can be calculated as: ( Market Size Variance plus Market Share Variance Budgeted Contribution Margin x | Actual Quantity of Output - Budgeted Quantity of Output The difference between the Operating Income of the Static Budget and Flexible Budget The difference between the Total Contribution Margin of the Static Budget and the Flexible Budget CD All of the above
1. What is the market share variance?
2. What is the market size variance?
3. What is the selling price variance and sales volume
variance?
4. What is the sales mix variance and sales quantity
variance?
PLEASE PROVIDE CALCULATIONS
Tall Pines Brewery (TPB) makes two specialty beers in its microbrewery: Golden Ale and Dark Ale. Both beers sell for the same price per case in the U.S. market and in the export market. The latter market is primarily European countries....
Requirement 1. What is the budgeted sales price per unit? The budgeted sales price per unit is $ 3.40. Requirement 2. What is the budgeted variable expense per unit? The budgeted variable expense per unit is $ 1.80 . Requirement 3. What is the budgeted fixed cost for the period? The budgeted fixed cost for the period is $ 69,000 Requirements 4 and 5. Compute the master budget variances. Be sure to indicate each variance as favorable (F) or unfavorable...
Master Master Budget Variance Actual 60,500 Budget 57,000 Sales volume (number of cases sold) Sales revenue Less: Variable expenses Contribution margin Less: Fixed expenses $ 193,700 $ 71,200 176,700 62,700 $ 122,500 $ 73,200 114,000 72,000 $ 49,300 $ 42,000 Operating income The budgeted sales price per unit is $ 3.10 Requirement 2. What is the budgeted variable expense per unit? The budgeted variable expense per unit is $ 1.10. Requirement 3. What is the budgeted fixed cost for the...
1. What is the market share variance?
2. What is the market size variance?
3. What is the selling price variance and sales volume
variance?
4. What is the sales mix variance and sales quantity
variance?
PLEASE PROVIDE CALCULATIONS
I have the correct answers, but I cannot post them for some
reason...please, don't post something if you do NOT KNOW what you
are doing!!!
Tall Pines Brewery (TPB) makes two specialty beers in its microbrewery: Golden Ale and Dark Ale....
Requirement 1. For each of the following independent situations, calculate the contribution margin per unit and the breakeven point in units: Begin by showing the formula for contribution margin per unit and then enter the amounts to calculate the contribution margin per unit for each situation. (Abbreviation used: CM = contribution margin.) CM per unit Situation a. II Situation b. Situation c. Situation d. Now select the labels to show the formula for breakeven point in units and then enter...
ses. To follow is the company's performance report in contribution margin format for August: Data Table The Outrageous Balloon Company Actual vs. Budget Performance Report For the Month Ended August 31 Master Budget Master Budget Variance Actual Sales volume (number of cases sold) Sales revenue 60,000 57,000 Less: Variable expenses Contribution margin 217,800 $ 124,500 93,300 $ 66,200 193,800 114,000 79,800 65,000 Less: Fixed expenses Operating income $ 27,100 $ 14.800 PR 7 of 9 (1 complete) ulti-pack cases. To...
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