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19. Paris Perfumery sells two perfumes, L'Amour and Plaisir The expected sales mix is one bottle of L'Amour to five bottles of Plaisir. Planned sales

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19. Paris Perfumery sells two perfumes, L'Amour and Plaisir The expected sales mix is one bottle of L'Amour to five bottles of Plaisir. Planned sales and variable costs for last period were as follows: Plaisi Total Sales $600,000 $400,000 Variable costs 230,000 (10,000 units) (50,000 units) $1,000,000 Contribution $400.000 Margin $170,000 During the period there was an economic downturn. Sales of L'Amour dropped off, so Paris reduced its price. Actual sales were as follows Plaisir (7,500 @ $45) Sales $337,500 $288,000 Variable costs 153.000 (36,000 @ $8) $625,500 Margin The contribution margin budget variance was: a) $262,500 U b) $262,500 F c) S 0 d) $87,500 U Answer: a Difficulty: Easy Learning Objective: Calculate and analyze sales mix and sales quantity variances CPA: Management Accounting 20. Paris Perfumery sells two perfumes, L'Amour and Plaisir The expected sales mix is one bottle of L'Amour to five bottles of Plaisir. Planned sales and variable costs for last period were as follows Plaisir Total (10,000 units) Sales $600,000 $400 000 (50,000 units) $1 000 000 20. Paris Perfumery sells two perfumes, L'Amour and Plaisir The expected sales mix is one bottle of L'Amour to five bottles of Plaisir. Planned sales and variable costs for last period were as follows Plaisir Total (10,000 units) Sales $600,000 $400,000 Variable costs 230.000 (50,000 units) $1,000,000 Margin During the period there was an economic downturn. Sales of L'Amour dropped off, so Paris reduced its price. Actual sales were as follows: Total (7,500 @ $45) Sales $337,500 $288,000 Variable costs 153.000 (36,000 @ $8) $625,500 165,000 Margin $135.000 The contribution margin variance was a) $123,525 U b) $115,000 F c) $87,500 F d) $114,900 U Answer: d Difficulty: Easy Learning Objective: Calculate and analyze sales mix and sales quantity variances CPA: Management Accounting 21. Paris Perfumery sells two perfumes, L'Amour and Plaisir The expected sales mix is one bottle of L'Amour to five bottles of Plaisir. Planned sales and variable costs for last period were as follows: Plaisir Total (10,000 units) Sales $600,000 (50,000 units)

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