Rusti-Verres SNC sells two brands of wine glasses Choc and Chic. Rusti-Verres provides the following information

Question:

Rusti-Verres SNC sells two brands of wine glasses – Choc and Chic. Rusti-Verres provides the following information for sales in the month of June 2022:image text in transcribed

All variances are to be calculated in contribution-margin terms.
Required

1 Calculate the sales-quantity variances for each product for June 2022.
2 Calculate the individual product and total sales-mix variances for June 2022. Calculate the individual product and total sales-volume variances for June 2022.
3 Briefly describe the conclusions you would draw from the variances.

Step by Step Answer:

Related Book For  book-img-for-question

Management And Cost Accounting

ISBN: 9781292436029

8th Edition

Authors: Alnoor Bhimani, Srikant Datar, Charles Horngren, Madhav Rajan

Question Posted: