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Actual units sold Budgeted unit sales Actual selling price / unit Budgeted selling price / unit Budgeted market share Actual market share Budget cont margin
Actual units sold Budgeted unit sales Actual selling price / unit Budgeted selling price / unit Budgeted market share Actual market share Budget cont margin / unit Toaster 80,000 100,000 $45 $40 20% 25% $18 Microwave 50,000 40,000 $90 $95 25% 20% $32 Required: Determine the following: a. Actual sales mix and budgeted sales mix for both the toaster and microwave product lines. b. Sales-mix and sales-quantity variances Market-share and market-size variances (for calculation purposes round combined actual and budgeted market share percentages to six decimal places.) Actual units sold Budgeted unit sales Actual selling price / unit Budgeted selling price / unit Budgeted market share Actual market share Budget cont margin / unit Toaster 80,000 100,000 $45 $40 20% 25% $18 Microwave 50,000 40,000 $90 $95 25% 20% $32 Required: Determine the following: a. Actual sales mix and budgeted sales mix for both the toaster and microwave product lines. b. Sales-mix and sales-quantity variances Market-share and market-size variances (for calculation purposes round combined actual and budgeted market share percentages to six decimal places.)
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