Answer and Label Each Part 1 through 15: sales in the morth of dyne Roce: Al variances are compuled in conterbution-margn ierm: Fead the Hequirement 1. Calculale the sales-quartity varancet for each grotuet ler dune 20tot Feayravje the bormila io determine the sales min for each product The saies mis peceritage is prsin wine gatses is The sobes-mix petcontage of Chit wire glasses as min. The actal numfie of all giustes bald it Data table ter dune ango Cerculle The townila then calculilte the Crus 3 Bublentit 5+sFine che fer gani 1. x The indal kales min warance is fobitye numbers. The Kany Corporation sells two brands of wine glasses: Plain and Chic. Kate provides the folioeing informatian for sales in the monet of June abey? [Glick ite inne io vien the diata far sales.) Al varsances are coenpuned in contritution-mangin terms. Read the mguirmints Recuirement 1. Calculase the sales-quantty variances for each prodas for 1 the 2020 . Begin by defermining the basic Sormula for Kanj Cerporabon's static-budget tota contribsion thargin (CM). Rearrange the formua to determine the sales mix for each product. The salet-fnis pereentage of plain wint glastat is The salessima percentage of Chic wine glasses in W. Next, desermine the formula and corppute the budgeted CM based on actual units sold of all products a the budgeted min The astual rumber of af glastes sold is Requirements wo piases x, Xx, Enter all 1. Calculate the aales-quantity varianoes for each product for June 2020. 2. Calculate the individual product and total salos mix variances for du one 2020 . Calculate the indrndash-product and bodal sales-wolume variactes for June 2000 3. Briely describe the conclusions you can draws from the varlances. 2020. Calculate 4la. then calcucate the nr percentages if any as Chie 025 bested Babez-quantity per glaris = varance =00 - 5.739 us 3.00 001,200y 2020. Colculate The botal sales-mix variance is Now cabculate the individualpeoduct sales-volume variances for dune 2020. Determine the formula, then cakbule the varimhce for each product. Latel each variance as faverable (f) or unfavotable (U) (Enter all varamces at postrve numbers. The Kanji Corporation sells two brands of wine glasses: Plain and Chic. Kanji provides the following information for sales in the month of June 2020: (Click the icon to view the data for sales.) All variances are computed in contribution-margin terms. Read the requirements. Requirement 1. Calculate the sales-quantity variances for each product for June 2020. Begin by determining the basic formula for Kanji Corporation's static-budget total contribution margin (CM). Rearrange the formula to determine the sales mix for each product. The sales-mix percentage of Plain wine glasses is %, The sales-mix percentage of Chic wine glasses is %. Next, determine the formula and compute the budgeted CM based on actual units sold of all products at the budgeted mix. The actual number of all glasses sold is units. wo places, X.XX. Enter all Requirements 1. Calculate the sales-quantity variances for each product for June 2020 . 2. Calculate the individual-product and total sales-mix variances for June 2020 . Calculate the individual-product and total sales-volume variances for June 2020. 3. Briefly describe the conclusions you can draw from the variances. The Kanji Corporation sells two brands of wine glasses: Plain and Chic. Kanji provides the following information for sales in the month of June 2020 : (Click the icon to view the data for sales.) All variances are computed in contribution-margin terms. Read the requirements. Requirement 1. Calculate the sales-quantity variances for each product for June 2020. Begin by determining the basic formula for Kanji Corporation's static-budget total contribution margin (CM). Rearrange the formula to determine the sales mix for each product. The sales-mix percentage of Plain wine glasses is \%. The sales-mix percentage of Chic wine glasses is \%. Next, determine the formula and compute the budgeted CM based on actual units sold of all products at the budgeted mix. The actual number of all glasses sold is units. Nawdatarmina the farmuls thon coleulate the saloc. ouantiturarianesefocasch product for June 2020. Label each imals to two places, X.XX. Enter all Data table for June 2020. Calculate the formula, then calculate the (U). (Enter percentages, if any, as sales in the morth of dyne Roce: Al variances are compuled in conterbution-margn ierm: Fead the Hequirement 1. Calculale the sales-quartity varancet for each grotuet ler dune 20tot Feayravje the bormila io determine the sales min for each product The saies mis peceritage is prsin wine gatses is The sobes-mix petcontage of Chit wire glasses as min. The actal numfie of all giustes bald it Data table ter dune ango Cerculle The townila then calculilte the Crus 3 Bublentit 5+sFine che fer gani 1. x The indal kales min warance is fobitye numbers. The Kany Corporation sells two brands of wine glasses: Plain and Chic. Kate provides the folioeing informatian for sales in the monet of June abey? [Glick ite inne io vien the diata far sales.) Al varsances are coenpuned in contritution-mangin terms. Read the mguirmints Recuirement 1. Calculase the sales-quantty variances for each prodas for 1 the 2020 . Begin by defermining the basic Sormula for Kanj Cerporabon's static-budget tota contribsion thargin (CM). Rearrange the formua to determine the sales mix for each product. The salet-fnis pereentage of plain wint glastat is The salessima percentage of Chic wine glasses in W. Next, desermine the formula and corppute the budgeted CM based on actual units sold of all products a the budgeted min The astual rumber of af glastes sold is Requirements wo piases x, Xx, Enter all 1. Calculate the aales-quantity varianoes for each product for June 2020. 2. Calculate the individual product and total salos mix variances for du one 2020 . Calculate the indrndash-product and bodal sales-wolume variactes for June 2000 3. Briely describe the conclusions you can draws from the varlances. 2020. Calculate 4la. then calcucate the nr percentages if any as Chie 025 bested Babez-quantity per glaris = varance =00 - 5.739 us 3.00 001,200y 2020. Colculate The botal sales-mix variance is Now cabculate the individualpeoduct sales-volume variances for dune 2020. Determine the formula, then cakbule the varimhce for each product. Latel each variance as faverable (f) or unfavotable (U) (Enter all varamces at postrve numbers. The Kanji Corporation sells two brands of wine glasses: Plain and Chic. Kanji provides the following information for sales in the month of June 2020: (Click the icon to view the data for sales.) All variances are computed in contribution-margin terms. Read the requirements. Requirement 1. Calculate the sales-quantity variances for each product for June 2020. Begin by determining the basic formula for Kanji Corporation's static-budget total contribution margin (CM). Rearrange the formula to determine the sales mix for each product. The sales-mix percentage of Plain wine glasses is %, The sales-mix percentage of Chic wine glasses is %. Next, determine the formula and compute the budgeted CM based on actual units sold of all products at the budgeted mix. The actual number of all glasses sold is units. wo places, X.XX. Enter all Requirements 1. Calculate the sales-quantity variances for each product for June 2020 . 2. Calculate the individual-product and total sales-mix variances for June 2020 . Calculate the individual-product and total sales-volume variances for June 2020. 3. Briefly describe the conclusions you can draw from the variances. The Kanji Corporation sells two brands of wine glasses: Plain and Chic. Kanji provides the following information for sales in the month of June 2020 : (Click the icon to view the data for sales.) All variances are computed in contribution-margin terms. Read the requirements. Requirement 1. Calculate the sales-quantity variances for each product for June 2020. Begin by determining the basic formula for Kanji Corporation's static-budget total contribution margin (CM). Rearrange the formula to determine the sales mix for each product. The sales-mix percentage of Plain wine glasses is \%. The sales-mix percentage of Chic wine glasses is \%. Next, determine the formula and compute the budgeted CM based on actual units sold of all products at the budgeted mix. The actual number of all glasses sold is units. Nawdatarmina the farmuls thon coleulate the saloc. ouantiturarianesefocasch product for June 2020. Label each imals to two places, X.XX. Enter all Data table for June 2020. Calculate the formula, then calculate the (U). (Enter percentages, if any, as
