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Forever Corp. buys and sells two types of sunglasses in New York: Duma and Kool. Budgeted and actual results for 2020 are as follows: B
Forever Corp. buys and sells two types of sunglasses in New York: Duma and Kool. Budgeted and actual results for 2020 are as follows: B (Click the icon to view the budgeted and actual results.) Requirement 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. CM per Begin by calculating the budgeted contribution margin for each product and in total. (Enter the sales mix as a whole number, X%.) Selling Variable Cost Units Sales Price per unit unit Sold Mix CM Data table Duma % - X Kool Total % Product Selling Price S 21 per Unit Budget for 2020 Actual for 2020 Variable Cost Selling Variable Cost per Unit Units Sold Price Units Sold $ 15 97,990 $ 22 $ 19 105,840 $ $ 13 141,010 $ 27 $ 18 110,160 Duma Kool S 24 Print Done
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