George works in the accounting department of a local footwear manufacturer that specializes in clogs and...
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George works in the accounting department of a local footwear manufacturer that specializes in clogs and boots. Clogs and boots typically sell for $105 and $191 per pair, respectively. Based on past experience, fashion trends, and seasonal shifts, the company expected to sell 730 pairs of clogs and 270 pairs of boots. The variable cost per pair was $49 for clogs and $79 for boots. At the end of the year, George evaluated the company's sales and contribution margin amounts against the budget. Actual results for the year were as follows. Actual sales volume: clogs, 891; boots, 209. Actual selling price: clogs, $114 per pair; boots, $182 per pair. Actual per-unit variable costs for each product were the same as budgeted. Break down the company's comprehensive sales activity variance into the sales mix variance and sales quantity variance, specifying the amount and sign for each. Sales mix variance $ Sales quantity variance $ Which of these two variances had a bigger effect on the comprehensive sales activity variance this year? The eT sales mix variance sales quantity variance had a greater effect on the sales activity variance George works in the accounting department of a local footwear manufacturer that specializes in clogs and boots. Clogs and boots typically sell for $105 and $191 per pair, respectively. Based on past experience, fashion trends, and seasonal shifts, the company expected to sell 730 pairs of clogs and 270 pairs of boots. The variable cost per pair was $49 for clogs and $79 for boots. At the end of the year, George evaluated the company's sales and contribution margin amounts against the budget. Actual results for the year were as follows. Actual sales volume: clogs, 891; boots, 209. Actual selling price: clogs, $114 per pair; boots, $182 per pair. Actual per-unit variable costs for each product were the same as budgeted. Break down the company's comprehensive sales activity variance into the sales mix variance and sales quantity variance, specifying the amount and sign for each. Sales mix variance $ Sales quantity variance $ Which of these two variances had a bigger effect on the comprehensive sales activity variance this year? The eT sales mix variance sales quantity variance had a greater effect on the sales activity variance
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