Please do not give solution in image format and show calculation thanku Nappon Co. has two products named X and Y. The firm had the following master budget for the year just completed:Product XProduct YTotal$SalesVariable CostsContribution MarginFixed costsOperating Income (Loss) $Selling Price per unit $SalesVariable CostsFixed costsUnits SoldContribution Margin $$.$Operating Income (Loss) $..$7,875 favorable.$55,000 unfavorable.$27,000 favorable.$45,000 unfavorable.Product X. $78,750 favorable.$The following actual operating results were reported after the year was over:Product YTotal285,000171,000114,000124,000(10,000)100366,000237,900128,100140,000(11,9003,150$)$$$$370,000$240,500129,500102,00027,50050546,000223,500322,500115,500207,00011,900The contribution margin sales volume variance for Product Y is: (Round your intermediate calculations to 2 decimalplaces.)Multiple Choice$ 655,000411,500$ 243,500226,000$ 17,500$ 912,000461,400$ 450,600255,500$ 195,100

The variance is the difference between the actual and budgeted production data. The variance can be…

Nappon Co. has two products named X and Y. The firm had the following master budget for the year just completed: Product Y Total Sales Variable Costs Contribution Margin Fixed costs Operating Income (Loss) $ Selling Price per unit $ Fixed costs Product X Sales Variable Costs Contribution Margin $ Units Sold $ $ . $7,875 favorable. . $55,000 unfavorable. . $27,000 favorable. Operating Income (Loss) $ . $45,000 unfavorable. $78 750 favorable $ 285,000 171,000 114,000 124,000 (10,000 ) The following actual operating results were reported after the year was over: Product X Product Y Total 100 366,000 237,900 128,100 140,000 (11,900 3,150 $ ) $ $ $ $ $ 370,000 240,500 129,500 102,000 $ 27,500 50 546,000 223,500 322,500 115,500 207,000 11,900 $ 655,000 411,500 $ 243,500 226,000 $ 17,500 The contribution margin sales volume variance for Product Y is: (Round your intermediate calculations to 2 decimal places.) Multiple Choice $912,000 461,400 $ 450,600 255,500 $ 195,100

Nappon Co. has two products named X and Y. The firm had the following master budget for the year just completed: Product Y Total Sales Variable Costs Contribution Margin Fixed costs Operating Income (Loss) $ Selling Price per unit $ Fixed costs Product X Sales Variable Costs Contribution Margin $ Units Sold $ $ . $7,875 favorable. . $55,000 unfavorable. . $27,000 favorable. Operating Income (Loss) $ . $45,000 unfavorable. $78 750 favorable $ 285,000 171,000 114,000 124,000 (10,000 ) The following actual operating results were reported after the year was over: Product X Product Y Total 100 366,000 237,900 128,100 140,000 (11,900 3,150 $ ) $ $ $ $ $ 370,000 240,500 129,500 102,000 $ 27,500 50 546,000 223,500 322,500 115,500 207,000 11,900 $ 655,000 411,500 $ 243,500 226,000 $ 17,500 The contribution margin sales volume variance for Product Y is: (Round your intermediate calculations to 2 decimal places.) Multiple Choice $912,000 461,400 $ 450,600 255,500 $ 195,100

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter6: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 1CMA: Taylor Corporation is analyzing the cost behavior of three cost items, A, B, and C, to budget for...

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Subject: accounting