provided about the two products: Budgeted sales in units Budgeted selling price Budgeted contribution margin per unit A 2700 $600 $600 3,000 $650 B 600 $1,700 $1,080 Actual sales in units 1,400 Actual selling price $1,680 What is the total sales mix variance ? (Round intermediary calculations to two decimal places)

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

Do not give answer in image 

9. Istanbul company manufactures two products A and B. the following information was
provided about the two products:
Budgeted sales in units
Budgeted selling price
Budgeted contribution margin per unit
Actual sales in units
A
2700
$600
$600
3,000
$650
B
600
$1,700
$1,080
1,400
Actual selling price
$1,680
What is the total sales mix variance ? (Round intermediary calculations to two decimal
places)
A. $295,680 favorable
B. $600,000 favorable
C. $1,034,880 favorable
D. $369,600 favorable
E. $665,280 favorable
Transcribed Image Text:9. Istanbul company manufactures two products A and B. the following information was provided about the two products: Budgeted sales in units Budgeted selling price Budgeted contribution margin per unit Actual sales in units A 2700 $600 $600 3,000 $650 B 600 $1,700 $1,080 1,400 Actual selling price $1,680 What is the total sales mix variance ? (Round intermediary calculations to two decimal places) A. $295,680 favorable B. $600,000 favorable C. $1,034,880 favorable D. $369,600 favorable E. $665,280 favorable
Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Risk Analysis
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
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