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If you scam me I will report you, don't just copy and past the wrong thing for a thrid time. . SECTION 4 - CHAPTER
If you scam me I will report you, don't just copy and past the wrong thing for a thrid time.
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SECTION 4 - CHAPTER 17 (15 marks) Answer the following questions using the information below: The Chopper Corporation manufactures two types of lithium-battery weed trimmers, the Super model for commercial landscaping business use and the Economy model for residential use. Budgeted and actual operating data for the year 2021 were as follows: Prior to the beginning of the year, a consulting firm estimated the total volume for lithiumbattery weed trimmers to be 250,000 units, but actual industry volume was 256,000 units sold in 2021. Required: Option 1 - The following Template chart is provided for your convenience to show your work for the following questions or: you can use Option 2 by using formulas in the space provided in each question to show your work. Do not use both methods. 1) What is the total sales-quantity variance for Chopper Corporation in terms of the contribution margin? (3 marks - 1 for correct answer and 2 marks for showing correct work) 2) What is the total sales-mix variance for Chopper Corporation in terms of the contribution margin? (3 marks - 1 for correct answer and 2 for showing work) 3) What is the total sales-volume variance for Chopper Corporation in terms of the contribution margin? ( 3 marks 1 for correct answer and 2 marks for showing work) 4) What is the market-size variance for Chopper Corporation in terms of the contribution margin? (3 marks 1 for correct answer and 2 for showing work) 5) What is the market-share variance for Chopper Corporation in terms of the contribution margin? (3 marks - 1 for correct answer and 2 for showing work)Step by Step Solution
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