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Kellogg's sells three products: Corn Flakes, Rice Krispies, and Special K. The budgeted and actual sales data is as follows: Product Budgeted Sales Mix (%)
Kellogg's sells three products: Corn Flakes, Rice Krispies, and Special K. The budgeted and actual sales data is as follows:
Product | Budgeted Sales Mix (%) | Actual Sales Mix (%) | Total Actual Sales (Units) |
Corn Flakes | 50 | 45 | 22,000 |
Rice Krispies | 30 | 35 | 17,000 |
Special K | 20 | 20 | 11,000 |
Calculate the sales mix variance for each product.
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