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Gourmet Aroma Coffee House has an exclusive contract with Columbia exporters. Two brands of gourmet coffee are imported, Morning Thunder (MT) and Evening Tender (ET).
Gourmet Aroma Coffee House has an exclusive contract with Columbia exporters. Two brands of gourmet coffee are imported, Morning Thunder (MT) and Evening Tender (ET). The following data are provided for the current fiscal year: Price per pound Variable cost per pound Sales (in pounds) Budgeted MT ET $ 30 $ 60 10 32 3,900 3,900 Operating Results MT ET $ 40 $ 46 19 35 3,810 4,920 The total market was estimated to be 85,000 pounds at the time of budget. The actual total market for the year is 80,000 pounds. What is MT's contribution margin sales volume variance
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