Exercise 17-26 (Algo) Sales Mix and Quantity Variances (LO 17-4)A-Zone Media sells two models of e-readers, The budgeted price per unit for the wireless model is $200 and the budgeted price perunit for the wireless and cellular model is $432. The master budget called for sales of 10,800 wireless models and 2,900 wireless andcellular models during the current year, Actual results showed sales of 8,300 wireless mnodels, with a price of $240 per unit, and 4,500wireless and cellular models, with a price of $560 per unit. The standard variable cost per unit is $88 for a wireless model and $200for a wireless and cellular model.Requlred:a. Compute the activity variance for these data.b. Compute the mix and quantity varlance for these data. (Enter your answers rounded to the nearest whole dollar.)Complete this question by entering your answers In the tabs below.Required ARequired BCompute the activity variance for these data. (Do not round Intermediate calculations. Indicate the effect of each variance byselecting "F" for favorable, or "U for unfavorable. If there is no effect, do not select either option.)Activity varianceRequired B >< Prey13 of 17Next >acer

The answer with calculation for activity variance are as follows.

Exercise 17-26 (Algo) Sales Mix and Quantity Variances (LO 17-4) A-Zone Media sells two models of e-readers. The budgeted price per unit for the wireless model is $200 and the budgeted price per unit for the wireless and cellular model is $432. The master budget called for sales of 10,800 wireless models and 2,900 wireless and cellular models during the current year. Actual results showed sales of 8,300 wireless models, with a price of $240 per unit, and 4,500 wireless and cellular models, with a price of $560 per unit. The standard variable cost per unit is $88 for a wireless model and $20o for a wireless and cellular model. Requlred: a. Compute the activity variance for these data. b. Compute the mix and quantity variance for these data. (Enter your answers rounded to the nearest whole dollar.) Complete this question by entering your answers in the tabs below. Required A Required B Compute the activity variance for these data. (Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option.) Activity variance Reguired A Required B > acer

Exercise 17-26 (Algo) Sales Mix and Quantity Variances (LO 17-4) A-Zone Media sells two models of e-readers. The budgeted price per unit for the wireless model is $200 and the budgeted price per unit for the wireless and cellular model is $432. The master budget called for sales of 10,800 wireless models and 2,900 wireless and cellular models during the current year. Actual results showed sales of 8,300 wireless models, with a price of $240 per unit, and 4,500 wireless and cellular models, with a price of $560 per unit. The standard variable cost per unit is $88 for a wireless model and $20o for a wireless and cellular model. Requlred: a. Compute the activity variance for these data. b. Compute the mix and quantity variance for these data. (Enter your answers rounded to the nearest whole dollar.) Complete this question by entering your answers in the tabs below. Required A Required B Compute the activity variance for these data. (Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option.) Activity variance Reguired A Required B > acer

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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Komatsu company’s budget for sales was 1,000 of small size tractor for $1,200 per the tractor. The company’s actual sales was $1,365,000, sales units for 1,300 bikes. What are the Sales Price Variance and Sales Activity Variance? And show in graph.
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Olivet Devices sells two models of fitness devices. The budgeted price per unit for the wireless model is $47 and the budgeted price per unit for the wireless and cellular model is $92. The master budget called for sales of 47,200 wireless models and 11,800 wireless and cellular models during the current year. Actual results showed sales of 35,500 wireless models, with a price of $44 per unit, and 14,700 wireless and cellular models, with a price of $89 per unit. The standard variable cost per unit is $34 for a wireless model and $69 for a wireless and cellular model. Required: a. Compute the sales activity variance for these data. b. Break down the sales activity variance into mix and quantity parts.
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PROBLEM 9. Basic Foods expected to sell 30,000 of its fishcharon at P300 each. It actually sold 29,000 at P298. Variable cost per pack is P140. Determine the sales price variance and sales volume variance. PROBLEM 10 The controller of Palma Company is examining the following budgeted and actual income statements for its principal product for 2021. All amounts are in thousands of pesos. Budget P4,800.0 1,668.0 P3.120.0 Actual P4,967.2 1.780.8 P3.186.4 Sales Variable cost Contribution margin The budgeted unit selling price is P8.00. Actual unit volume is 6% over budget, but the actual selling price is below budget. Per-unit variable costs are incurred as budgeted. Determine the sales price variance and sales volume variance.
nprogress=false Print Item Sunrise Poles manufactures hiking poles and is planning on producing 3,800 units in March and 3,700 units in April. Each pole requires a half pound of material, which costs $1.00 per pound. The company's policy is to have enough material on hand to equal 10% of the next month's production needs and to maintain a finished goods inventory equal to 25% of the next month's production needs. What is the budgeted cost of purchases for March? Budgeted cost of purchases $ Previous Nex
A machine distributor sells two models, basic and deluxe. The following information relates to its master budget. Basic Deluxe Sales (units) 10,400 2,600 Sales price per unit $ 9,200 $ 13,200 Variable costs per unit $ 8,320 $ 10,200 Actual sales were 8,200 basic models and 4,000 deluxe models. The actual sales prices were the same as the budgeted sales prices for both models.What is the sales mix variance for the deluxe model? Multiple Choice $4,457,000. $2,184,000. $4,680,000. $2,496,000.
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