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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:
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:
tableFlavorBudgeted Data,Actual Operating Re:Selling,Variable,,SellingPrice per,Costs per,,Price perGallonsGallon,Gallon,Gallons,GallonVanilla$ $$ChocolateStrawberryAnchovy
Required:
Compute these variances for the individual flavors and total quantity sold. Use the Contribution Margin in your calculations and do not round intermediate calculations.
tableabFlavorSales Volume Variance,,Sales Mix Variance,VanillaChocolateStrawberryAnchovyTotal
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