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Assignment #3 (Chapter 15) Seved 5 Margot's Ice Cream operates several stores in a major metropolitan city and its suburbs. Its budget and operating data
Assignment #3 (Chapter 15) Seved 5 Margot's Ice Cream operates several stores in a major metropolitan city and its suburbs. Its budget and operating data for the current year follow Skipped Budgeted Date Atual Operating Results Selling Variable Selling Variable Flavor Price per conto per Price per Coats per Gallons Gallon Gallon Gallons Gallon Gallon Vanilla 348,000 $ 2.15 $ 1.45 288,000 $ 2.00 1.35 Chocolate 435,000 3.30 2.40 405,000 3.15 2.30 Strawberry 290.000 2.70 1.60 420,000 Anchovy 87.000 4.30 207,000 4.80 3.00 Required: 1. Compute these variances for the Individual flavors and total quantity sold. (Use the Contribution Margin in your calculations and do not round intermediate calculations.) 2.10 Sales Volume Variance Sales Mix Variance Sales Quantity Variance Flavor Vanilla Chocolate Strawberry Anchovy Total
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