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 | 2800 | 640 |
Budgeted selling price | $600 | $1,700 |
Budgeted contribution margin per unit | $430 | $1050 |
Actual sales in units | 3000 | 1200 |
Actual 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 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
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 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 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
The Fortise Corporation manufactures two types of vacuum cleaners, the Victor for commercial building use and the House-Mate for residences. Budgeted and actual operating data for the year 2017 were as follows: Static Budget Victor House-Mate Total Number sold 6,000 24,000 30,000 Contribution margin $1,560,000 $3,120,000 $4,680,000 Actual Results Victor House-Mate Total Number sold 5500 39,000 44,500 Contribution margin $1,400,000 $4,130,000 $5,530,000 What is the total sales-mix variance in terms of the contribution margin? (Round any intermediary calculations two decimal places.) A. $312,000 favorable B. $462,800 unfavorable C. $925,600 unfavorable D. $1,237,600 favorable
The Fortise Corporation manufactures two types of vacuum cleaners, the Victor for commercial building use and the House - Mate for residences. Budgeted and actual operating data for the year 2017 were as follows: Static Budget Victor House-Mate Total Number sold 6,000 24,000 30,000 Contribution margin $1,560,000 $3,120,000 $4,680,000 Actual Results Victor House-Mate Total Number sold 5,300 35,000 40,300 Contribution margin $1,400,000 $4,130,000 $5,530,000 What is the total sales - quantity variance in terms of the contribution margin? (Round any...
Problem 10 (10 points) The Sarasota Corporation manufactures two types of vacuum cleaners, the Victor for nmercial building use and the House-Mate for residences. Budgeted and actual operating data for the year 2012 were as follows Static Budget Number sold Contribution margin Total House Mate 20,000 $3,000,000 $4,500,000 Victor 25,000 5,000 $1,500,000 Actual Results umber sold Contribution margin Victor Total 32,000 $3,920,000 $5,200,000 House-Mate 4,000 $1,280,000 What is the contribution margin for the flexible budget? A) $1,200,000 B) $4,200,000 C)...
The Fortise Corporation manufactures two types of vacuum cleaners, the Victor for commercial building use and the House - Mate for residences. Budgeted and actual operating data for the year 2017 were as follows: Static Budget Victor House-Mate Total Number sold 6,200 26,000 32,200 Contribution margin $1,590,000 $3,170,000 $4,760,000 Actual Results Victor House-Mate Total Number sold 5,300 37,000 42,300 Contribution margin $1,400,000 $4,130,000 $5,530,000 What is the total flexible - budget variance in terms of the contribution margin? (Round intermediary...
Q5.(6 Marks) Dersyn Corporation produces and sells two models of vacuum cleaners, Standard and Deluxe. The company records show the following monthly data relating to these two products: Standard Selling Price per Unit $150 Variable Production Costs $120 Variable Selling Expense per Unit $16 Expected Monthly Sales in Units 600 Total Monthly Fixed Cost (Common to Both) Deluxe $165 $126 $13 1.200 I $15.000 Calculate the break-even in sales dollars for the expected sales mix. Show all your calculations (6...
Problem 19-4A Tanek Industries manufactures and sells three different models of wet-dry shop vacuum cleaners. Although the shop vacs vary in terms of quality and features, all are good sellers. Tanek is currently operating at full capacity with limited machine time. Sales and production information relevant to each model follows. Problem 19-4A Tanek Industries manufactures and sells three different models of wet-dry shop vacuum cleaners. Although the shop vacs vary in terms of quality and features, all are good sellers....