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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 Budgeted
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 Selling Price per Actual Operating Results Selling Price per Gallon $2.10 Variable Variable Costs per Gallon $1.45 Costs per Gallon Flavor Gallons Gallon Gallons Vanilla $2.25 $1.55 360,000 450,000 300,000 90,000 300,000 420,000 430,000 210,000 chocolate 3.50 2.60 3.35 2.50 strawberry Anchovy 1.70 1.75 2.80 3.00 3.20 4.50 3.00 5.00 Required: 1. Compute these variances for the individual flavors and total quantity sold. (Do not round intermediate calculations.) b. a. C. Sales Volume Variance Sales Quantity Variance Flavor Sales Mix Variance Vanilla Chocolate Strawberry Anchovy Total
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