Question
Hollaway Corporation has the following data for the current fiscal year: Actual Budget Sales Units Product X 30,000 70,000 Product Y 130,000 130,000 Total 160,000
Hollaway Corporation has the following data for the current fiscal year:
| Actual | Budget | |
|---|---|---|
| Sales Units | ||
| Product X | 30,000 | 70,000 |
| Product Y | 130,000 | 130,000 |
| Total | 160,000 | 200,000 |
| Contribution Margin | ||
| Product X | $ 7.00 | $ 10.00 |
| Product Y | $ 10.00 | $ 9.00 |
The total sales mix variance for both products is: (Round your percentages to one decimal place. Example: Round .1447 to .145 or 14.5%.)
Multiple Choice
-
$8,480 favorable.
-
$28,480 favorable.
-
$284,480 unfavorable.
-
$24,480 unfavorable.
-
$128,480 favorable.
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Advances In International Accounting Volume 20
Authors: J. Timothy Sale
1st Edition
0762313994, 9780762313990
