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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:
- The sales volume variance for the two products is:
$__________________
- The sales quantity variance for the two products is:
$__________________
- The sales mix variance for the two products is:
$__________________
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