Exact Inc. manufactures and sells two fruit drinks: Kostor and Limba.

Budgeted and actual results for 2017 are as follows

Requirement 1. 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.

Begin by completing the following table to determine the budgeted contribution margin per unit, sales mix and contribution margin.

E14-27 (similar to) Question Help O Exact Inc. manufactures and sells two fruit drinks: Kostor and Limba. Budgeted and actual results for 2017 are as follows: 5 Click the icon to view the budgeted and actual results.) Read the requirements. Requirement 1. 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. Begin by completing the following table to determine the budgeted contribution margin per unit, sales mix and contribution margin. (Enter all dollar values to the nearest cent and sales mix as whole percentages.) Budget for 2017 Sales Volume Sales Mix Contribution Contribution Margin per Unit in Units (Based on Units) Margin A Requirements Kostor Limba % 1. Total 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. What inferences can you draw from the variances computed in requirement 1? 2. Data Table Print Done Product Budget for 2017 Actual for 2017 Selling Variable Cost Cartons Selling Variable Cost Cartons Price per Carton Sold Price per Carton Sold $ 18.00 $ 13.25 144,000 $ 18.50 $ 13.95 148,200 $ 24.00 $ 16.75 96,000 $ 25.50 $ 16.90 79,800 Kostor Limba Enter any number in the edit fields and then ? Print Done 14 parts Check Answer remaining