Karpoff Kremes (KK) planned to sell 40,000 Kings at $20 each and 20,000 Kweens at $15 each. Actual sales of the former were 45,000 and 25,000 of the latter, at $19 and $16 respectively. Which is true of KK's mix variance? so $175,000 fav $28,333 fav $8,333 unfav Unable to determine

Karpoff Kremes (KK) planned to sell 40,000 Kings at $20 each and 20,000 Kweens at $15 each. Actual sales of the former were 45,000 and 25,000 of the latter, at $19 and $16 respectively. Which is true of KK's mix variance? so $175,000 fav $28,333 fav $8,333 unfav Unable to determine

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Karpoff Kremes (KK) planned to sell 40,000 Kings at $20 each and 20,000 Kweens at $15 each. Actual sales
of the former were 45,000 and 25,000 of the latter, at $19 and $16 respectively.
Which is true of KK's mix variance?
so
$175,000 fav
$28,333 fav
$8,333 unfav
Unable to determine

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