Mastery Problem: Variable Costing for Management Analysis Absorption vs. Variable Method Comparison Absorption Statement Variable Statement Contribution Margin Data Bumn foliowing contribution in data, and the complete the Contribution Margin Analysis panel Saxon, Inc. Contribution Margin Data Schedule Actual Planned Sales $1,200,000 $1,190,000 Variabin.conf.goods sold $420,000 $462,004 Variable selling and administrative expenses 210,000 154,000 Total $630,000 $616,000 Contribution margin $570,000 $574,000 Number of units sold 15,000 14,000 Per unit: Sales price $80.00 $85.00 Variable cost of goods sold 28.00 33.00 Variable selling and administrative expenses 14.00 11.00 Check My Work Acrm Mastery Problem: Variable Costing for Management Analysis Absorption vs. Variable Method Comparison Absorption Statement Variable Statement Contribution Margin Analysis Contribution margin analysis focuses on explaining the differences between planned and actual contribution margins, considering the quietity factor and the unit pricefactos Shaded cells have feedback X After reviewing the data on the Contribution Margin Data panel, complete the following contribution margin analysis. For those boxes in which you must enter subtracted or negative numbers use a minus sign Question not attempted. Saxon, Inc. Score: 0/44 Contribution Margin Analysis For the Year Ended December 31 Planned contribution margin > Effect of changes in sales 3 Sales quantity factor Unit price factor Total effect of changes in sales Effect of changes in variable cost of goods sold: 3 Variable cost quantity factor Unit cost factor 4 5 Total effect of chances in vaciahle.cost of anods sold ck My Work Ne Update wo Printem Mastery Problem: Variable Costing for Management Analysis Absorption vs. Variable Method Comparison Absorption Statement Variable Statement Shaded cell have Contribution Margin Analysis Pg Effect of changes in sales. Sales quantity factor Unit price factor 5 Total effect of changes in sales + Effect of changes in variable cost of goods sold: Variable cost quantity factor $ Unit cost factor Total effect of changes in variable cost of goods sold 10 Effect of changes in selling and administrative expenses 11 Variable cost quantity factor Unit cost factor Total effect of changes in selling and administrative expenses 14 Actual contribution margin Points: 0/11 Feedback Next > Check My Work All work saved, Email Instructor Save and Exit Submit Assignment for Grading