managerial Accounting

Margot's Ice Cream operates several stores in a major metropolitan city and its suburbs. Its budget and operating data for the current year follow. Budgeted Data Actual Operating Results Selling Variable Selling Variable Price per Costs per Price per Costs per Flavor Gallons Gallon Gallon Gallons Gallon Gallon Vanilla 288, 000 $ 1.65 $ 0.95 228, 090 $ 1.50 $ 0. 85 Book Chocolate 360, 090 2.30 1.40 330,090 2. 15 1.30 Strawberry 240, 060 2.20 1. 10 370,000 2.40 1. 15 Print Anchovy 72, 090 3.30 1. 80 192,060 3.80 2.00 rences Required: 1. Compute these variances for the individual flavors and total quantity sold. (Use the Contribution Margin in your calculations and do not round intermediate calculations.) Flavor Sales Volume Variance Sales Mix Variance Sales Quantity Variance Vanilla Unfavorable Unfavorable Favorable Chocolate Unfavorable Unfavorable Favorable Strawberry Favorable Favorable Favorable Anchovy Favorable Favorable Favorable Total Favorable Favorable Favorable