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Budgeted and actual operating data for the companv's third quarter of 2020 are as follows: (Click the icon to view the budgeted data.) (Click the

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed Budgeted and actual operating data for the companv's third quarter of 2020 are as follows: (Click the icon to view the budgeted data.) (Click the icon to view the actual data.) Actual Operating Data, Third Quarter 2020 \begin{tabular}{lccccr} & SellingPrice & \multicolumn{2}{c}{VariableCostperUnit} & ContributionMarginperUnit & SalesVolumeinUnits \\ \hline WinPro & $ & 349$ & 177$ & 172 & 11,550 \\ WinCE & 286 & 90 & 196 & 40,950 \\ WinKid & 105 & 78 & 27 & 52,500 \\ Total & & & & & \\ \hline \hline \end{tabular} Requirement 1. Compute the actual and budgeted contribution margins in dollars for each product and in total for the third quarter of 2020 . Begin by computing the actual contribution margins (CM), then compute the budgeted contribution margins in dollars for each product and in total for the third quarter of 2020. Requirement 2. Calculate the actual and budgeted sales mixes for the three products for the third quarter of 2020. Begin by calculating the actual sales mixes for the three products for the third quarter of 2020 . Requirement 3. Calculate total sales-volume, sales-mix, and sales-quantity variances for the third quarter of 2020. (Calculate all variances in terms of contribution margins.) positive numbers.) The total sales-volume variance is decimal place, X.X\%. Enter all variances as positive numbers.) % % % - % - %) The total sales-mix variance is decimal place, X.X\%. Enter all variances as positive numbers. Abbreviation used: qty = quantity) Requirement 4. Given that your CEO gets very angry if actual results differ from budget, you want to be well prepared for this meeting. In order to prepare, complete the summary comparing actual results to budgeted amounts. Overall, there was a(n) total sales-volume variance. However, the large drop in contribution margin per unit combined with a decrease in the actual number of units sold as well as a drop in the actual contribution margin per unit below budget, led to the total contribution margin being much lower than budgeted

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