Question
Hollaway Corporation has the following data for the current fiscal year: Actual Budget Sales Units Product X 20,000 90,000 Product Y 140,000 111,000 Total 160,000
Hollaway Corporation has the following data for the current fiscal year:
| Actual | Budget | |
|---|---|---|
| Sales Units | ||
| Product X | 20,000 | 90,000 |
| Product Y | 140,000 | 111,000 |
| Total | 160,000 | 201,000 |
| Contribution Margin | ||
| Product X | $ 10.00 | $ 9.00 |
| Product Y | $ 7.00 | $ 6.00 |
The total sales quantity variance for both products is: (Do not round your intermediate calculations)
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Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
26th edition
128574361X, 978-1305446052, 1305446054, 978-1285743615
