The sales quantity variance for each product. Given information: Static budget total contribution margin is $15,525. Budgeted units to be sold of all glasses are $2,300 units. Budgeted contribution margin per unit of P is $5 per unit. Budgeted contribution margin per unit of C is $12 per unit. Total sales quantity variance is $2,700 unfavorable. Actual sales mix percentage of plain is 60%.

Question

Want to see the full answer?

Answer 1

Question

Chapter 14, Problem 14.24E

1.

To determine

To compute: The sales quantity variance for each product.

Given information:

Static budget total contribution margin is $15,525.

Budgeted units to be sold of all glasses are $2,300 units.

Budgeted contribution margin per unit of P is $5 per unit.

Budgeted contribution margin per unit of C is $12 per unit.

Total sales quantity variance is $2,700 unfavorable.

Actual sales mix percentage of plain is 60%.

2.

To determine

To compute: The individual product and total sales mix variance.

Given information:

Total actual unit sold is 1,900.

Budgeted sales mix of P is 0.75.

Actual sales mix percentage of plain is 60%.

Budgeted contribution margin per unit of P is $5 per unit.

Budgeted sales mix of C is 0.25.

Actual sales mix percentage of plain is 40%.

Budgeted contribution margin per unit of C is $12 per unit.

3.

To determine

To explain: The result of calculation of sales variance.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Students have asked these similar questions

Can you help me solve this general accounting question using valid accounting techniques?

This is general accounting problem please help me solve

I am trying to find the accurate solution to this general accounting problem with appropriate explanations.

Answer 2

Question

Chapter 14, Problem 14.24E

1.

To determine

To compute: The sales quantity variance for each product.

Given information:

Static budget total contribution margin is $15,525.

Budgeted units to be sold of all glasses are $2,300 units.

Budgeted contribution margin per unit of P is $5 per unit.

Budgeted contribution margin per unit of C is $12 per unit.

Total sales quantity variance is $2,700 unfavorable.

Actual sales mix percentage of plain is 60%.

2.

To determine

To compute: The individual product and total sales mix variance.

Given information:

Total actual unit sold is 1,900.

Budgeted sales mix of P is 0.75.

Actual sales mix percentage of plain is 60%.

Budgeted contribution margin per unit of P is $5 per unit.

Budgeted sales mix of C is 0.25.

Actual sales mix percentage of plain is 40%.

Budgeted contribution margin per unit of C is $12 per unit.

3.

To determine

To explain: The result of calculation of sales variance.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 3

Question

Chapter 14, Problem 14.24E

1.

To determine

To compute: The sales quantity variance for each product.

Given information:

Static budget total contribution margin is $15,525.

Budgeted units to be sold of all glasses are $2,300 units.

Budgeted contribution margin per unit of P is $5 per unit.

Budgeted contribution margin per unit of C is $12 per unit.

Total sales quantity variance is $2,700 unfavorable.

Actual sales mix percentage of plain is 60%.

2.

To determine

To compute: The individual product and total sales mix variance.

Given information:

Total actual unit sold is 1,900.

Budgeted sales mix of P is 0.75.

Actual sales mix percentage of plain is 60%.

Budgeted contribution margin per unit of P is $5 per unit.

Budgeted sales mix of C is 0.25.

Actual sales mix percentage of plain is 40%.

Budgeted contribution margin per unit of C is $12 per unit.

3.

To determine

To explain: The result of calculation of sales variance.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 4

Question

Chapter 14, Problem 14.24E

1.

To determine

To compute: The sales quantity variance for each product.

Given information:

Static budget total contribution margin is $15,525.

Budgeted units to be sold of all glasses are $2,300 units.

Budgeted contribution margin per unit of P is $5 per unit.

Budgeted contribution margin per unit of C is $12 per unit.

Total sales quantity variance is $2,700 unfavorable.

Actual sales mix percentage of plain is 60%.

2.

To determine

To compute: The individual product and total sales mix variance.

Given information:

Total actual unit sold is 1,900.

Budgeted sales mix of P is 0.75.

Actual sales mix percentage of plain is 60%.

Budgeted contribution margin per unit of P is $5 per unit.

Budgeted sales mix of C is 0.25.

Actual sales mix percentage of plain is 40%.

Budgeted contribution margin per unit of C is $12 per unit.

3.

To determine

To explain: The result of calculation of sales variance.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 5

Chapter 14, Problem 14.24E

1.

To determine

To compute: The sales quantity variance for each product.

Given information:

Static budget total contribution margin is $15,525.

Budgeted units to be sold of all glasses are $2,300 units.

Budgeted contribution margin per unit of P is $5 per unit.

Budgeted contribution margin per unit of C is $12 per unit.

Total sales quantity variance is $2,700 unfavorable.

Actual sales mix percentage of plain is 60%.

2.

To determine

To compute: The individual product and total sales mix variance.

Given information:

Total actual unit sold is 1,900.

Budgeted sales mix of P is 0.75.

Actual sales mix percentage of plain is 60%.

Budgeted contribution margin per unit of P is $5 per unit.

Budgeted sales mix of C is 0.25.

Actual sales mix percentage of plain is 40%.

Budgeted contribution margin per unit of C is $12 per unit.

3.

To determine

To explain: The result of calculation of sales variance.

Answer 6

Chapter 14, Problem 14.24E

1.

To determine

To compute: The sales quantity variance for each product.

Given information:

Static budget total contribution margin is $15,525.

Budgeted units to be sold of all glasses are $2,300 units.

Budgeted contribution margin per unit of P is $5 per unit.

Budgeted contribution margin per unit of C is $12 per unit.

Total sales quantity variance is $2,700 unfavorable.

Actual sales mix percentage of plain is 60%.

Answer 7

Chapter 14, Problem 14.24E

1.

To determine

To compute: The sales quantity variance for each product.

Given information:

Static budget total contribution margin is $15,525.

Budgeted units to be sold of all glasses are $2,300 units.

Budgeted contribution margin per unit of P is $5 per unit.

Budgeted contribution margin per unit of C is $12 per unit.

Total sales quantity variance is $2,700 unfavorable.

Actual sales mix percentage of plain is 60%.

Answer 8

2.

To determine

To compute: The individual product and total sales mix variance.

Given information:

Total actual unit sold is 1,900.

Budgeted sales mix of P is 0.75.

Actual sales mix percentage of plain is 60%.

Budgeted contribution margin per unit of P is $5 per unit.

Budgeted sales mix of C is 0.25.

Actual sales mix percentage of plain is 40%.

Budgeted contribution margin per unit of C is $12 per unit.

Answer 9

2.

To determine

To compute: The individual product and total sales mix variance.

Given information:

Total actual unit sold is 1,900.

Budgeted sales mix of P is 0.75.

Actual sales mix percentage of plain is 60%.

Budgeted contribution margin per unit of P is $5 per unit.

Budgeted sales mix of C is 0.25.

Actual sales mix percentage of plain is 40%.

Budgeted contribution margin per unit of C is $12 per unit.

Answer 10

3.

To determine

To explain: The result of calculation of sales variance.

Answer 11

3.

To determine

To explain: The result of calculation of sales variance.

Answer 12

Expert Solution & Answer

Answer 13

Expert Solution & Answer

Answer 14

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 15

Ch. 14 - Prob. 14.1Q Ch. 14 - Why is customer-profitability analysis an...Ch. 14 - Prob. 14.3Q Ch. 14 - A customer-profitability profile highlights those...Ch. 14 - Give examples of three different levels of costs...Ch. 14 - What information does the whale curve provide?Ch. 14 - A company should not allocate all of its corporate...Ch. 14 - What criteria might managers use to guide...Ch. 14 - Once a company allocates corporate costs to...Ch. 14 - A company should not allocate costs that are fixed...

To explain: The result of calculation of sales variance.

Want to see the full answer?

Chapter 14 Solutions