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Matter Corp. buys and sells two types of sunglasses in New York: Duma and Kool. Budgeted and actual results for 2017 are as follows: EEB

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Matter Corp. buys and sells two types of sunglasses in New York: Duma and Kool. Budgeted and actual results for 2017 are as follows: EEB (Click the icon to view the budgeted and actual results.) Compute the total sales-volume variance, the total sales-mix variance, and the total sales-quantity variance. (Calculate all variances in terms of contribution margin.) Show results for each product in your computations. Begin by calculating the budgeted contribution margin for each product and in total (Enter the sales mix as a whole number, % ) Selling Variable Cost CM perUnits Price per unit unit Sold Mix CM Duma Kool Total Now calculate the actual contribution margin for each product and in total. (Enter the sales mix as a whole number, X%.) Selling Variable Cost CM perUnits Price Sales per unit unit Sold Mix CM Kool Total Compute the total sales-volume variance. (Calculate all variances in terms of contribution margin.) Show results for each product in your computations. Determine the formula for sales-volume variance, then compute the sales-volume variance for each type of sunglasses and in total for Matter in 2017. Label each variance as favorable (F) or unfavorable (U). (Enter all variances as positive numbers. Abbreviation used: qty quantity.) The total sales-volume variance is S Now compute the total sales-mix variance. (Calculate all variances in terms of contribution margin.) Show results for each product in your computations. Now determine the formula for the sales-mix variance, then calculate the variance for each type of sunglasses and in total for 2017. Label each variance as favorable (F) or unfavorable (U) (Enter any percentages as a whole number. Enter all variances as positive numbers. Abbreviations used: CM contribution margin: VC variable cost.) variance The total sales-mix variance is $

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