Kimball, Inc., produces and sells gel-filled ice packs. Kimballs performance report for August follows: Required: 1. Calculate

Question:

Kimball, Inc., produces and sells gel-filled ice packs. Kimball€™s performance report for August follows:

Required:
1. Calculate the contribution margin variance and the contribution margin volume variance.
2. Calculate the market share variance and the market sizevariance.

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Cost Management Accounting And Control

ISBN: 101

6th Edition

Authors: Don R. Hansen, Maryanne M. Mowen, Liming Guan

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Question Posted: Mar 29, 2012 05:43 AM

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Kimball, Inc., produces and sells gel-filled ice packs. Kimballs performance report for August follows: Required: 1. Calculate

Question:

Actual Budgeted Units sold Sales Variable costs 50,000 $350,000 225,000 $125,000 1,000,000 40,000 $290,000 190,000 S100,000 1,000,000 Contribution margin Market size (in units)

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Cost Management Accounting And Control

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