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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 MT ET 80 $ 30 41 3,400 3,400 Price per pound Variable cost per pound Sales (in pounds) 50 Operating Results MT ET $ 70 $ 76 30 46 3,360 4,990 The total market was estimated to be 73,000 pounds at the time of budget. The actual total market for the year is 68,000 pounds. What is MT's contribution margin sales volume variance? Multiple Choice $24,160 favorable. O $25,200 favorable. $24,960 favorable. O $2,240 unfavorable. $2,000 unfavorable
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