Creepers, Incorporated, manufactures stuffed spiders and mummies. During September the following information was gathered: Spiders Mummies Units sold Budgeted sales (units) 7,025 3,225 7,625 2,625 Contribution margin per unit: Actual $ 4.00 $ 6.05 Budgeted $ 3.00 $ 5.35 What is the sales quantity variance for Spiders? Multiple Choice О $0 $1,527 favorable. $10,017 favorable. $11,453 favorable. $15,746 favorable.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question

Please do not give solution in image format thanku 

Creepers, Incorporated, manufactures stuffed spiders and mummies. During September the following information was gathered:
Spiders
Mummies
Units sold
Budgeted sales (units)
7,025
3,225
7,625
2,625
Contribution margin per unit:
Actual
$ 4.00
$ 6.05
Budgeted
$ 3.00
$ 5.35
What is the sales quantity variance for Spiders?
Multiple Choice
О
$0
$1,527 favorable.
$10,017 favorable.
$11,453 favorable.
$15,746 favorable.
Transcribed Image Text:Creepers, Incorporated, manufactures stuffed spiders and mummies. During September the following information was gathered: Spiders Mummies Units sold Budgeted sales (units) 7,025 3,225 7,625 2,625 Contribution margin per unit: Actual $ 4.00 $ 6.05 Budgeted $ 3.00 $ 5.35 What is the sales quantity variance for Spiders? Multiple Choice О $0 $1,527 favorable. $10,017 favorable. $11,453 favorable. $15,746 favorable.
Expert Solution
steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Similar questions
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education