Variance analysis of contribution margin, multiple products;

working backward. (30 minutes) 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 2000: njy2

REQUIRED Calculate the sales-quantity variances for each product for June 2000.
Calculate the individual product and total sales-mix variances for June 2000.
Calculate the individual product and total sales-volume variances for June 2000.
Briefly describe the conclusions you would draw from the variances.

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Static-budget total contribution margin Budgeted units to be sold of all glasses in June 2000 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 5,600 2,000 units SFr 2 per unit SFr 6 per unit SFr 1,400 U 60% All variances are to be calculated in contribution-margin terms.