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ABC Inc. operates a chain of cookie stores. Budgeted and actual operating data for its three Toronto stores for August 2018 are as? follows: Budgeted
ABC Inc. operates a chain of cookie stores. Budgeted and actual operating data for its three Toronto stores for August 2018 are as? follows:
Budgeted contribution margin Budget for August 2018 Contribution Selling Price Variable Cost Margin per Sales Volume per Kilogram per Kilogram Kilogram in Kilograms Chocolate chip $ 4.90 $ 3.00 $ 1.90 46,000 Oatmeal raisin 5.10 3.20 1.90 30,000 Coconut 5.80 3.40 2.40 14,000 White chocolate 6.00 3.50 2.50 6,000 Macadamia nut 6.50 3.90 2.60 15:000 112,000 -@ X Actual contribution margin Actual for August 2018 Contribution Selling Price Variable Cost Margin per Sales Volume per Kilogram per Kilogram Kilogram in Kilograms Chocolate chip $ 4.90 $ 3.10 $ 1.80 58,000 Oatmeal raisin 5.30 3.40 1.90 18,000 Coconut 5.80 2.80 3.00 9,600 White chocolate 6.00 3.50 2.50 13,200 Macadamia nut 7.00 4.20 2.80 23,400 122,200 Print DoneStep by Step Solution
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