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 daStatic BudgetNumber soldContribution marginVictor6,000$1,560,000House-Mate24,000$3,120.000Total30,000$4,680.000Actual ResultsVictorHouse-Mate35,000$4,130,000TotalNumber soldContribution margin5.200$1,400,00040,200$5,530,000What is the total sales - mix variance in terms of the contribution margin? (Round any intermediary calculations to the nearest whole percentage.)COTO A. $1,097,460 favorableOB. $273,000 favorableOC. $731,640 unfavorabieOD. $365,820 unfavorable

Budgeted sales mix=Number of units sold of the required productTotal number of units sold Budgeted…

Answered: 1,400,000 $4,130,000 $5,530,000 What is…

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 to the nearest whole percentage.)

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

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 da
Static Budget
Number sold
Contribution margin
Victor
6,000
$1,560,000
House-Mate
24,000
$3,120.000
Total
30,000
$4,680.000
Actual Results
Victor
House-Mate
35,000
$4,130,000
Total
Number sold
Contribution margin
5.200
$1,400,000
40,200
$5,530,000
What is the total sales - mix variance in terms of the contribution margin? (Round any intermediary calculations to the nearest whole percentage.)
COT
O A. $1,097,460 favorable
OB. $273,000 favorable
OC. $731,640 unfavorabie
OD. $365,820 unfavorable

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