Managerial accounting

1) Zeller Company had two products named Q and R. The firm had the following budget for the period just ended: Master Budget Product Q Product R Total Sales $ 100, 000 $ 150, 000 $ 250, 000 Variable Costs 75, 000 127, 500 202, 500 Contribution Margin 25, 000 22, 500 47, 500 Fixed costs 10 , 000 8, 000 18, 000 Operating income $ 15, 000 $ 14, 500 $ 29, 500 Selling Price per unit $ 100 $ 100 Operating Results Actual Results Product Q oduct R Total Sales $ 110, 000 $ 168, 000 $ 278, 000 Variable Costs 82, 500 112, 000 194, 500 Contribution Margin 27, 500 56, 000 83, 500 Fixed costs 10, 000 8 , 000 18 , 000 Operating income $ 17 , 500 $ 48, 000 $ 65, 500 Units sold 1, 100 1, 400 Required: (12 Marks) (A) Calculate the sales volume variance for Product Q. (B) Calculate the contribution margin level sales volume variance for Product R. (C) Calculate the sales mix variance for Product Q. (D) Calculate the sales quantity variance for Product Q. (E) Calculate the sales mix variance for Product R. (F) Identify who you think we should talk to regarding the contribution margin variance you calculated in (B) above