The Corata Appliance Manufacturing Corporation manufactures two vacuum cleaners, the Standard and the Super. The following information was gathered about the two products: Budgeted sales in units 700 Budgeted selling price unit Standard Actual sales in units $1,700 Budgeted contribution margin per $500 $1070 1400 Actual selling price B. Super A. $495,760 favorable C. D. $1,680 What is the total sales-quantity variance in terms of the contribution margin? (Round intermediary calculations to two decimal places.) $179,760 favorable 2700 $316,000 favorable $600 $136,240 favorable 2800 $650

The Corata Appliance Manufacturing Corporation manufactures two vacuum cleaners, the Standard and the Super. The following information was gathered about the two products: Budgeted sales in units 700 Budgeted selling price unit Standard Actual sales in units $1,700 Budgeted contribution margin per $500 $1070 1400 Actual selling price B. Super A. $495,760 favorable C. D. $1,680 What is the total sales-quantity variance in terms of the contribution margin? (Round intermediary calculations to two decimal places.) $179,760 favorable 2700 $316,000 favorable $600 $136,240 favorable 2800 $650

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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