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Campbell Corp. buys and sells two types of sunglasses in New York: Duma and Kool. Budgeted and actual results for 2017 are as follows: Product
Campbell Corp. buys and sells two types of sunglasses in New York: Duma and Kool. Budgeted and actual results for 2017 are as follows: Product Duma Kool Selling Price $20 $23 Budget for 2017 Variable Units Cost per Unit Sold $16 88,000 $18 132,000 per Unit Actual for 2017 Selling Variable Cost Price $18 $15 Units Sold 90,000 110,000 $25 $19 Compute the total sales-volume variance, the total sales-mix variance, and the total sales- quantity variance. (Calculate all variances in terms of contribution margin.) Show results for each product in your computations
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