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 2018:
All variances are to be calculated in contribution-margin terms.
Required
1. Calculate the sales-quantity variances for each product for June 2018.
2. Calculate the individual product and total sales-mix variances for June 2018. Calculate the individual product and total sales-volume variances for June 2018.
3. Briefly describe the conclusions you would draw from the variances.
Transcribed Image Text:
Static-budget total contribution margin Budgeted units to be sold of all glasses in June 2018 Budgeted contribution margin per unit of Choc Budgeted contribution margin per unit of Chic Total sales-quantity variance Actual sales-mix percentage of Choc SFr 5600 2000 units SFr 2 per unit SFr 6 per unit SFr 1400 U 60%
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Related Book For
Management And Cost Accounting
ISBN: 9781292232669
7th Edition
Authors: Alnoor Bhimani, Srikant M. Datar, Charles T. Horngren, Madhav V. Rajan
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