The Memphis plant of AccuTime, Inc. manufactures three styles of clock radio. The basic model (B)

targets the teenage market. The standard model (S) is popular with college students. AccuTime’s newest product, the deluxe model (D), is designed for home and office use.

For the most recent year, AccuTime’s sales manager predicted a total annual industry volume for clock radios of 200,000 units, and the following budget data were compiled by the controller for AccuTime’s three products.

Budgeted Budgeted Unit Budgeted Unit Model Price Variable Cost Sales Volume BasiCmco rneetc aee tcett se t $30 $20 4,000 SLANACLANC veasic. caraseccesm sent nie resale eumeeantanis 50 30 5,000 DD GIUKGsecactaaeiradhn. ctcanmoctur en ccuemncumemanatng 90 50 1,000 When actual results for the year were recorded, the actual industry volume for clock radios was much higher than anticipated, 250,000 units. AccuTime’s actual results for the year follow:

Actual Actual Unit Actual Unit Model Price Variable Cost Sales Volume BASIO vaste con nctteaeeennceemm ueco choeeaeeer tee e $29 $14 6,000 SlaMmGarGinc an wessae wes Meme as ceasatee ears 51 26 5,400 DS IUKG tara trrert viapusatuarauebeonbaesbearevenmaesety: 88 3 600 To help top management understand the year’s sales results, AccuTime’s controller has asked you, his assistant, to prepare a complete sales-variable analysis.

Required

a. Summarize the preceding information for AccuTime by preparing a table similar to that in Exhibit 17-16.

b. Prepare a complete sales-variance analysis from a revenue perspective.

c. Prepare a complete sales-variance analysis from a contribution-margin perspective