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Current Attempt in Progress Brian works in the accounting department of a local footwear manufacturer that specializes in clogs and boots. Clogs and boots typically
Current Attempt in Progress
Brian works in the accounting department of a local footwear manufacturer that specializes in clogs and boots. Clogs and boots typically sell for $ and $ per pair, respectively. Based on past experience, fashion trends, and seasonal shifts, the company expected to sell pairs of clogs and pairs of boots. The variable cost per pair was $ for clogs and $ for boots.
At the end of the year, Brian evaluated the company's sales and contribution margin amounts against the budget. Actual results for the year were as folllows.
Actual sales volume: clogs, ; boots,
Actual selling price: clogs, $ per pair; boots, $ per paiir:
Actual perunit variable costs for each product were the same as budgeted.
a
For the year just ended, determine the company's total revenues, total variable costs, and total contribution margin for its master budget. flexible budget, and actual income statement.
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