Required: 1. What is the contribution margin market share variance? 2. What is the contribution margin market size variance? 3. What are the selling price variance and sales volume variance? 4. What are the sales mix variance and sales quantity variance? (For all requirements, do not round intermediate calculations. Round your answers to 2 decimal places.) 1. Contribution margin market share variance 2. Contribution margin market size variance 3. Selling price variance Sales volume variance 4. Sales mix variance Sales quantity variance Favorable Unfavorable
Required: 1. What is the contribution margin market share variance? 2. What is the contribution margin market size variance? 3. What are the selling price variance and sales volume variance? 4. What are the sales mix variance and sales quantity variance? (For all requirements, do not round intermediate calculations. Round your answers to 2 decimal places.) 1. Contribution margin market share variance 2. Contribution margin market size variance 3. Selling price variance Sales volume variance 4. Sales mix variance Sales quantity variance Favorable Unfavorable
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter11: Performance Evaluation And Decentralization
Section: Chapter Questions
Problem 16BEA
Related questions
Question
please calculate correct answer
![Required:
1. What is the contribution margin market share variance?
2. What is the contribution margin market size variance?
3. What are the selling price variance and sales volume variance?
4. What are the sales mix variance and sales quantity variance?
(For all requirements, do not round intermediate calculations. Round your answers to 2 decimal
places.)
1. Contribution margin market share variance
2. Contribution margin market size variance
3. Selling price variance
Sales volume variance
Favorable
4. Sales mix variance
Sales quantity variance
Unfavorable](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0f27510b-2dba-4166-bbe5-25e12066f2e9%2F5e1c3d84-8d85-45e3-be8a-cbd361cfe37c%2Fjzakt4g_processed.png&w=3840&q=75)
Transcribed Image Text:Required:
1. What is the contribution margin market share variance?
2. What is the contribution margin market size variance?
3. What are the selling price variance and sales volume variance?
4. What are the sales mix variance and sales quantity variance?
(For all requirements, do not round intermediate calculations. Round your answers to 2 decimal
places.)
1. Contribution margin market share variance
2. Contribution margin market size variance
3. Selling price variance
Sales volume variance
Favorable
4. Sales mix variance
Sales quantity variance
Unfavorable
![Required information
[The following information applies to the questions displayed below.]
Tall Pines Brewery (TPB) makes two specialty beers in its microbrewery: Golden Ale and Dark Ale. Both beers sell for the
same price per case in the U.S. market and in the export market. The latter market is primarily European countries. Both
beers also have the same variable production costs, though the export product has slightly higher variable costs due to
shipping and other distribution costs associated with the export beers. The price, cost, and market information for the two
beers are shown below:
Budgeted
Weighted
Average CM
Budgeted
Actual
Sales units (cases)
29,000
19,000
29,350
21,500
Domestic
Export
Total
48,000
50,850
Price per case
Domestic
$ 102
$ 101
Export
Variable cost per case
104
106
Domestic
Export
Contribution margin per case
Domestic
Export
Total contribution margin
$ 69
$ 69
82
75
$ 33
$32
22
31
Domestic
$ 957,000
$ 939, 200
Export
418,000
666, 500
$ 28.6458
Industry Budget Industry Actual
Sales units (cases)
959,550
673,750
Domestic
936,500
663,400
Export
The budget was prepared with the expectation that the currency exchange rate would be $1.36 per euro. The actual
average exchange rate for the period reflected the falling dollar, at $1.56 per euro.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0f27510b-2dba-4166-bbe5-25e12066f2e9%2F5e1c3d84-8d85-45e3-be8a-cbd361cfe37c%2F6zazlz_processed.png&w=3840&q=75)
Transcribed Image Text:Required information
[The following information applies to the questions displayed below.]
Tall Pines Brewery (TPB) makes two specialty beers in its microbrewery: Golden Ale and Dark Ale. Both beers sell for the
same price per case in the U.S. market and in the export market. The latter market is primarily European countries. Both
beers also have the same variable production costs, though the export product has slightly higher variable costs due to
shipping and other distribution costs associated with the export beers. The price, cost, and market information for the two
beers are shown below:
Budgeted
Weighted
Average CM
Budgeted
Actual
Sales units (cases)
29,000
19,000
29,350
21,500
Domestic
Export
Total
48,000
50,850
Price per case
Domestic
$ 102
$ 101
Export
Variable cost per case
104
106
Domestic
Export
Contribution margin per case
Domestic
Export
Total contribution margin
$ 69
$ 69
82
75
$ 33
$32
22
31
Domestic
$ 957,000
$ 939, 200
Export
418,000
666, 500
$ 28.6458
Industry Budget Industry Actual
Sales units (cases)
959,550
673,750
Domestic
936,500
663,400
Export
The budget was prepared with the expectation that the currency exchange rate would be $1.36 per euro. The actual
average exchange rate for the period reflected the falling dollar, at $1.56 per euro.
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