Early in 2017, the owners of Cubs Boats were reviewing sales data from 2016 in preparation for the 2017 boating season. They have assembled the following information related to the company's performance in 2016.
Cubs make three models: the Banks, the Sosa, and the Santo. The company's budgeted and actual data for 2016 is as follows:

Compute the total variation in contribution margin from standard that can be attributed to the variation in sales volume. Be sure to show your work and/or explain how you computed your answer.

Transcribed Image Text:

Standard contribution margin Standard quantity Actual contribution margin Actual quantity Banks Sosa Santo 800 800 ,200 24,000 20,000 6,000 750 820 1.180 24,000 22,000 5,600