several stores in a major metropolitan city and its suburbs. Its budget and operating data for...
several stores in a major metropolitan city and its suburbs. Its budget and operating data for the current year follow:
| Flavor | Budgeted Data | Actual Operating Results | |||||||||||||||
| Gallons | Selling Price per Gallon | Variable Costs per Gallon | Gallons | Selling Price per Gallon | Variable Costs per Gallon | ||||||||||||
| Vanilla | 300,000 | $ | 1.75 | $ | 1.05 | 240,000 | $ | 1.60 | $ | 0.95 | |||||||
| Chocolate | 375,000 | 2.50 | 1.60 | 345,000 | 2.35 | 1.50 | |||||||||||
| Strawberry | 250,000 | 2.30 | 1.20 | 380,000 | 2.50 | 1.25 | |||||||||||
| Anchovy | 75,000 | 3.50 | 2.00 | 195,000 | 4.00 | 2.20 | |||||||||||
Required:
1. Compute the sales volume variance, sales mix variance, and sales quantity variance. for the individual flavors and total quantity sold
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several stores in a
major metropolitan city and its suburbs. Its budget and operating
data for...
Margot’s Ice Cream operates several stores in a major metropolitan city and its suburbs. Its budget...
Margot’s Ice Cream operates several stores in a major
metropolitan city and its suburbs. Its budget and operating data
for the current year follow:
Flavor
Budgeted Data
Actual Operating Results
Gallons
Selling Price per Gallon
Variable Costs per Gallon
Gallons
Selling Price per Gallon
Variable Costs per Gallon
Vanilla
276,000
$
1.55
$
0.85
216,000
$
1.40
$
0.75
Chocolate
345,000
2.10
1.20
315,000
1.95
1.10
Strawberry
230,000
2.10
1.00
360,000
2.30
1.05
Anchovy
69,000
3.10
1.60
189,000
3.60
1.80...
Margot's Ice Cream operates several stores in a major metropolitan city and its suburbs. Its budget...
Margot's Ice Cream operates several stores in a major metropolitan city and its suburbs. Its budget and operating data for the current year follow Budgeted Data Selling Price per Actual Operating Results Selling Price per Gallon $2.10 Variable Variable Costs per Gallon $1.45 Costs per Gallon Flavor Gallons Gallon Gallons Vanilla $2.25 $1.55 360,000 450,000 300,000 90,000 300,000 420,000 430,000 210,000 chocolate 3.50 2.60 3.35 2.50 strawberry Anchovy 1.70 1.75 2.80 3.00 3.20 4.50 3.00 5.00 Required: 1. Compute these...
Margot's Ice Cream operates several stores in a major metropolitan city and its suburbs. Its budget...
Margot's Ice Cream operates several stores in a major metropolitan city and its suburbs. Its budget and operating data for the current year follow: Flavor Vanilla Chocolate Strawberry Anchovy Budgeted Data Selling Variable Price per costs per Gallon Gallon $1.50 $0.80 2.00 1.10 2.05 0.95 3.00 1.50 Gallons 270,000 337,500 225,000 67,500 $ 1 Actual Operating Results Selling Variable Price per costs per Gallons Gallon Gallon 210,000 $1.35 $0.70 307,500 1.85 1.00 355,000 2.25 1.00 187,500 3.50 1.70 Required: 1....
Problem 16-52 Sales Volume, Sales Quantity, and Sales Mix Variances [LO 16-3] Margot's Ice Cream operates...
Problem 16-52 Sales Volume, Sales Quantity, and Sales Mix Variances [LO 16-3] Margot's Ice Cream operates several stores in a major metropolitan city and its suburbs. Its budget and operating data for the current year follow: Flavor Vanilla Chocolate Strawberry Anchovy Gallons 312,000 390,000 260,000 78,000 Budgeted Data Selling Variable Price per costs per Gallon Gallon $1.85 $1.15 2.70 1.80 2.40 1.30 3.70 2.20 Actual Operating Results Selling Variable Price per costs per Gallons Gallon Gallon 252,000 $1.70 $1.05 360,000...
Break-Even with Multiple Products We Scream For Ice Cream sells ice cream in three flavors: Chocolate,...
Break-Even with Multiple Products We Scream For Ice Cream sells ice cream in three flavors: Chocolate, Strawberry, and Vanilla. It sold 28,000 gallons last year, but it is still losing money. For every five gallons of ice cream sold, one gallon is Strawberry and the remainder is split evenly between Chocolate and Vanilla. Fixed costs for We Scream For Ice Cream are $48,174 and additional information follows: Chocolate Vanilla Strawberry Sales price per gallon $5.15 $5.15 $5.15 Variable cost per...
Question 1 (42 marks) Aunty Jane Inc. operates a chain of cupcake stores. Budgeted and actual...
Question 1 (42 marks) Aunty Jane Inc. operates a chain of cupcake stores. Budgeted and actual operating data for its three Ontario stores for the previous month are as follows: Budgeted Data: Selling Price per kilogram Variable Cost per Unit per kilogram Sales volume in kilograms Market Volume in kilograms Chocolate $4.85 $3.00 46,000 100,000 Vanilla 5.10 3.20 30,000 120,000 Strawberry 5.85 3.40 14,000 88,000 Red Velvet 6.10 3.50 6,000 65,000 Lemon 6.50 3.90 16,000 80,000 Actual Data: Selling Price...
Hello, I need question 1 sections a,b,and c. Please make around a page long. CHAPTER 4...
Hello, I need question 1 sections a,b,and c. Please make around
a page long.
CHAPTER 4 Techniques for Understanding Consumer Demand and Behavior 109 t effect. ed that managers be familiar with both approaches because each provides useful ues need to realize that marketing analysis builkds on the fundamental eco- of demand and elasticity. Marketers take these basie economie n Table 3.7 in goies and develop analyses of brand differentiation, market segmentation, and dct pricing, While some of the formal...
Margot’s Ice Cream operates several stores in a major
metropolitan city and its suburbs. Its budget and operating data
for the current year follow:
Flavor
Budgeted Data
Actual Operating Results
Gallons
Selling Price per Gallon
Variable Costs per Gallon
Gallons
Selling Price per Gallon
Variable Costs per Gallon
Vanilla
276,000
$
1.55
$
0.85
216,000
$
1.40
$
0.75
Chocolate
345,000
2.10
1.20
315,000
1.95
1.10
Strawberry
230,000
2.10
1.00
360,000
2.30
1.05
Anchovy
69,000
3.10
1.60
189,000
3.60
1.80...
Margot's Ice Cream operates several stores in a major metropolitan city and its suburbs. Its budget and operating data for the current year follow Budgeted Data Selling Price per Actual Operating Results Selling Price per Gallon $2.10 Variable Variable Costs per Gallon $1.45 Costs per Gallon Flavor Gallons Gallon Gallons Vanilla $2.25 $1.55 360,000 450,000 300,000 90,000 300,000 420,000 430,000 210,000 chocolate 3.50 2.60 3.35 2.50 strawberry Anchovy 1.70 1.75 2.80 3.00 3.20 4.50 3.00 5.00 Required: 1. Compute these...
Margot's Ice Cream operates several stores in a major metropolitan city and its suburbs. Its budget and operating data for the current year follow: Flavor Vanilla Chocolate Strawberry Anchovy Budgeted Data Selling Variable Price per costs per Gallon Gallon $1.50 $0.80 2.00 1.10 2.05 0.95 3.00 1.50 Gallons 270,000 337,500 225,000 67,500 $ 1 Actual Operating Results Selling Variable Price per costs per Gallons Gallon Gallon 210,000 $1.35 $0.70 307,500 1.85 1.00 355,000 2.25 1.00 187,500 3.50 1.70 Required: 1....
Problem 16-52 Sales Volume, Sales Quantity, and Sales Mix Variances [LO 16-3] Margot's Ice Cream operates several stores in a major metropolitan city and its suburbs. Its budget and operating data for the current year follow: Flavor Vanilla Chocolate Strawberry Anchovy Gallons 312,000 390,000 260,000 78,000 Budgeted Data Selling Variable Price per costs per Gallon Gallon $1.85 $1.15 2.70 1.80 2.40 1.30 3.70 2.20 Actual Operating Results Selling Variable Price per costs per Gallons Gallon Gallon 252,000 $1.70 $1.05 360,000...
Break-Even with Multiple Products We Scream For Ice Cream sells ice cream in three flavors: Chocolate, Strawberry, and Vanilla. It sold 28,000 gallons last year, but it is still losing money. For every five gallons of ice cream sold, one gallon is Strawberry and the remainder is split evenly between Chocolate and Vanilla. Fixed costs for We Scream For Ice Cream are $48,174 and additional information follows: Chocolate Vanilla Strawberry Sales price per gallon $5.15 $5.15 $5.15 Variable cost per...
Hello, I need question 1 sections a,b,and c. Please make around
a page long.
CHAPTER 4 Techniques for Understanding Consumer Demand and Behavior 109 t effect. ed that managers be familiar with both approaches because each provides useful ues need to realize that marketing analysis builkds on the fundamental eco- of demand and elasticity. Marketers take these basie economie n Table 3.7 in goies and develop analyses of brand differentiation, market segmentation, and dct pricing, While some of the formal...
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