Creepers, Inc., manufactures stuffed spiders and mummies. During September the following information was gathered: Spiders Mummies Units sold 6,300 3,700 Budgeted sales (units) 6,900 3,100 Contribution margin per unit: Actual $ 4.00 $ 6.05 Budgeted $ 3.00 $ 5.35 What is the sales mix variance for Spiders? Multiple Choice $1,227 favorable. $5,236 unfavorable. $1,636 favorable. $1,800 unfavorable. $5,236 favorable.
Creepers, Inc., manufactures stuffed spiders and mummies. During September the following information was gathered: Spiders Mummies Units sold 6,300 3,700 Budgeted sales (units) 6,900 3,100 Contribution margin per unit: Actual $ 4.00 $ 6.05 Budgeted $ 3.00 $ 5.35 What is the sales mix variance for Spiders? Multiple Choice $1,227 favorable. $5,236 unfavorable. $1,636 favorable. $1,800 unfavorable. $5,236 favorable.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Creepers, Inc., manufactures stuffed spiders and mummies. During September the following information was gathered:
| Spiders | Mummies | |||||
| Units sold | 6,300 | 3,700 | ||||
| Budgeted sales (units) | 6,900 | 3,100 | ||||
| Contribution margin per unit: | ||||||
| Actual | $ | 4.00 | $ | 6.05 | ||
| Budgeted | $ | 3.00 | $ | 5.35 | ||
What is the sales mix variance for Spiders?
Multiple Choice
-
$1,227 favorable.
-
$5,236 unfavorable.
-
$1,636 favorable.
-
$1,800 unfavorable.
-
$5,236 favorable.
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