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Considering the following relevant sales information for Mario Corporation regarding its two products, kawhi and jones Kawhi Jones TOTAL Budgeted selling price per unit $6.00

Considering the following relevant sales information for Mario Corporation regarding its two products, kawhi and jones

Kawhi

Jones

TOTAL

Budgeted selling price per unit

$6.00

$10.00

Budgeted variable cost per unit

$3.00

$7.50

Budgeted contribution margin per unit

$3.00

$2.50

Budgeted Unit Sales

300

200

500

Budgeted mix percentage

60%

40%

Actual units sold

250

250

500

Actual selling price

$6.00

$9.50

The company uses contribution margin as the basis for computing all profit related variances:

  1. The sales volume variance for the two products is:

$__________________

  1. The sales quantity variance for the two products is:

$__________________

  1. The sales mix variance for the two products is:

$__________________

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