Q26 Creepers, Incorporated, manufactures stuffed spiders and mummies. During September the following information was gathered: Spiders Mummies Units sold 6,100 3,900 Budgeted sales (units) 6,700 3,300 Contribution margin per unit: Actual $ 3.90 $ 5.93 Budgeted $ 2.90 $ 5.31 What is the sales mix variance for Spiders? Multiple Choice $1,582 favorable. $5,062 favorable. $1,740 unfavorable. $5,062 unfavorable. $1,186 favorable.
Q26 Creepers, Incorporated, manufactures stuffed spiders and mummies. During September the following information was gathered: Spiders Mummies Units sold 6,100 3,900 Budgeted sales (units) 6,700 3,300 Contribution margin per unit: Actual $ 3.90 $ 5.93 Budgeted $ 2.90 $ 5.31 What is the sales mix variance for Spiders? Multiple Choice $1,582 favorable. $5,062 favorable. $1,740 unfavorable. $5,062 unfavorable. $1,186 favorable.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Q26
Creepers, Incorporated, manufactures stuffed spiders and mummies. During September the following information was gathered:
| Spiders | Mummies | |
|---|---|---|
| Units sold | 6,100 | 3,900 |
| Budgeted sales (units) | 6,700 | 3,300 |
| Contribution margin per unit: | ||
| Actual | $ 3.90 | $ 5.93 |
| Budgeted | $ 2.90 | $ 5.31 |
What is the sales mix variance for Spiders?
Multiple Choice
-
$1,582 favorable.
-
$5,062 favorable.
-
$1,740 unfavorable.
-
$5,062 unfavorable.
-
$1,186 favorable.
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