Springwater Brewery has two main products: premium and regular ale. Its operating results and master budget for 20XX (000s omitted) follow: Barrels Sales Variable expenses Contribution margin Fixed expenses Operating income Operating Results of 20Xx Regular 630 Premium 210 $33,600 16,800 $ 16,800 11,000 $ 5,800 $ 72,450 47,250 $ 25,200 5,000 $ 20,200 Total 840 $ 106,050 64,050 $ 42,000 16,000 $ 26,000 Master Budget for 20XX Regular 390 $ 46,800 29,250 $ 17,550 5,000 $ 12,550 Premium 260 $ 39,000 20,800 $ 18,200 11,000 $ 7,200 Total 650 $ 85,800 50,050 $ 35,750 16,000 $ 19,750 Pam Kuder, CEO, expected the total industry sales to be 1,625,000 barrels during the period. After the year, Mark Goldfeder, the controller, reported that the total sales for the industry were 1,680,000 barrels.
Springwater Brewery has two main products: premium and regular ale. Its operating results and master budget for 20XX (000s omitted) follow: Barrels Sales Variable expenses Contribution margin Fixed expenses Operating income Operating Results of 20Xx Regular 630 Premium 210 $33,600 16,800 $ 16,800 11,000 $ 5,800 $ 72,450 47,250 $ 25,200 5,000 $ 20,200 Total 840 $ 106,050 64,050 $ 42,000 16,000 $ 26,000 Master Budget for 20XX Regular 390 $ 46,800 29,250 $ 17,550 5,000 $ 12,550 Premium 260 $ 39,000 20,800 $ 18,200 11,000 $ 7,200 Total 650 $ 85,800 50,050 $ 35,750 16,000 $ 19,750 Pam Kuder, CEO, expected the total industry sales to be 1,625,000 barrels during the period. After the year, Mark Goldfeder, the controller, reported that the total sales for the industry were 1,680,000 barrels.
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Problem 6E: The fixed overhead budgeted for Ranier Industries at an expected capacity of 500,000 units is...
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Q-8
![Springwater Brewery has two main products: premium and regular ale. Its operating results and master budget for 20XX (000s
omitted) follow:
Barrels
Sales
Variable expenses
Contribution margin
Fixed expenses
Operating income
Operating Results of 20Xx
Regular
630
$ 72,450
47,250
$ 25,200
5,000
$ 20,200
Premium
210
$ 33,600
16,800
$ 16,800
11,000
$ 5,800
Total
Sales mix variance - Premium
Sales mix variance - Regular
Total sales mix variance
Sales volume variance
Market size variance
Market share variance
Sales quantity variance
840
$ 106,050
64,050
$ 42,000
16,000
$ 26,000
Master Budget for 20XX
Regular
390
$ 46,800
29,250
$ 17,550
5,000
$ 12,550
Premium
260
$ 39,000
20,800
$ 18,200
11,000
$ 7,200
$
$
$
$
$
$
$
Total
Pam Kuder, CEO, expected the total industry sales to be 1,625,000 barrels during the period. After the year, Mark Goldfeder, the
controller, reported that the total sales for the industry were 1,680,000 barrels.
650
$ 85,800
50,050
$ 35,750
16,000
$ 19,750
18,900 Unfavorable
15,120 Favorable
(3,780) Unfavorable
21,300 Favorable
2,904 Favorable
9,240 Favorable
10,450 Favorable](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa612f01d-9a8d-43fe-8b0f-25ee746a83ed%2F45ede0a0-a3b2-4a12-b23c-334abacab854%2Fy40pr73_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Springwater Brewery has two main products: premium and regular ale. Its operating results and master budget for 20XX (000s
omitted) follow:
Barrels
Sales
Variable expenses
Contribution margin
Fixed expenses
Operating income
Operating Results of 20Xx
Regular
630
$ 72,450
47,250
$ 25,200
5,000
$ 20,200
Premium
210
$ 33,600
16,800
$ 16,800
11,000
$ 5,800
Total
Sales mix variance - Premium
Sales mix variance - Regular
Total sales mix variance
Sales volume variance
Market size variance
Market share variance
Sales quantity variance
840
$ 106,050
64,050
$ 42,000
16,000
$ 26,000
Master Budget for 20XX
Regular
390
$ 46,800
29,250
$ 17,550
5,000
$ 12,550
Premium
260
$ 39,000
20,800
$ 18,200
11,000
$ 7,200
$
$
$
$
$
$
$
Total
Pam Kuder, CEO, expected the total industry sales to be 1,625,000 barrels during the period. After the year, Mark Goldfeder, the
controller, reported that the total sales for the industry were 1,680,000 barrels.
650
$ 85,800
50,050
$ 35,750
16,000
$ 19,750
18,900 Unfavorable
15,120 Favorable
(3,780) Unfavorable
21,300 Favorable
2,904 Favorable
9,240 Favorable
10,450 Favorable
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