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Hollaway Corp. has the following data for the current fiscal year: Actual Budget Sales Units Product X 20,000 76,000 Product Y 130,000 124,000 Total 150,000
Hollaway Corp. has the following data for the current fiscal year:
Actual | Budget | |||||||||
Sales Units | ||||||||||
Product X | 20,000 | 76,000 | ||||||||
Product Y | 130,000 | 124,000 | ||||||||
Total | 150,000 | 200,000 | ||||||||
Contribution Margin | ||||||||||
Product X | $ | 5.00 | $ | 4.00 | ||||||
Product Y | $ | 8.00 | $ | 3.00 | ||||||
The total sales quantity variance for both products is: (Round your intermediate percentage answers to nearest whole percent.)
Multiple Choice
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$75,000 favorable.
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$169,000 unfavorable.
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$25,000 unfavorable.
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$65,000 favorable.
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$59,000 unfavorable.
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