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Managerial Accounting Sales Variance Question. Hi! Any help with this would be amazing. I believe the picture is pretty self explanatory as far as requirements
Managerial Accounting Sales Variance Question.
Hi! Any help with this would be amazing. I believe the picture is pretty self explanatory as far as requirements go.
Homework 325 Corporation sells three products A, B, and C. Operating data for the third quarter are as follows Budgeted 8 Actual BC Total Total 012 3.220 4,968 9.200 ,358 3,589 4,753 9,700 $365 $288 $110 Units sold Selling price Unit variable cost Unit contribution margin $190 $194 $35 Market size $374 $272 $144 $189 $176 $78 40,000 38,800 Required 1. Calculate the selling price variance (for each product and in total) 2. Calculate the contribution margin impact of the following variances a. Sales volume (for each product and in total) b. Sales mix (for each product and in total) c. Sales quantity d. Market share e. Market sizeStep by Step Solution
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