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Homework: Ch 16 - Sales Volume & DM variance further ... i Saved 2 Robinson Company has two products, A and B. Robinson's budget
Homework: Ch 16 - Sales Volume & DM variance further ... i Saved 2 Robinson Company has two products, A and B. Robinson's budget for August follows: Skipped eBook Variable cost Master Budget Product A Product B Sales $ 300,000 180,000 $ 350,000 210,000 Contribution margin $ 120,000 90,000 $ 140,000 70,000 Operating income $ 30,000 $ 70,000 $ 100 $ 50 Fixed cost Selling price On September 1, these operating results for August were reported: Operating Results Sales Print Variable cost Contribution margin Fixed cost Product A Product B $ 436,800 277,200 $ 178,500 115,500 $ 63,000 90,000 Operating income $ (27,000) Units sold 2,100 Required: $ 159,600 70,000 $ 89,600 8,400 1. For each product, determine the following variances measured in dollars of contribution margin: a. Flexible-budget variance b. Sales volume variance c. Sales quantity variance d. Sales mix variance Product A Product B Help Save & Exit Submit
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