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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: Budgeted Operating Results MT ET MT ET Price per pound $ 50 $ 80 $ 90 $ 96 Variable cost per pound 30 34 35 51 Sales (in pounds) 3200 3200 2860 4850 The total market was estimated to be 75,000 pounds at the time of budget. The actual total market for the year is 70,000 pounds. What is MT's contribution margin sales volume variance
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