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Matties Vineyards is a producer and wholesaler of three varieties of white wine. Sales data for November are given below: Sauvignon Blanc Chardonnay Riesling Budgeted
Matties Vineyards is a producer and wholesaler of three varieties of white wine. Sales data for November are given below: |
Sauvignon Blanc | Chardonnay | Riesling | |
Budgeted selling price | $ 7.7 | $ 8.6 | $ 7.1 |
Budgeted variable cost | $ 5.7 | $ 6.35 | $ 5.1 |
Budgeted selling quantity | 14600 units | 5475 units | 16425 units |
Actual selling price | $ 7.95 | $ 8.45 | $ 7.45 |
Actual variable cost | $ 5.8 | $ 6.45 | $ 5.45 |
Actual selling quantity | 10240 units | 7680 units | 14080 units |
1. Compute the sales price variance for Sauvignon Blanc wine. |
2. Compute the sales price variance for Chardonnay wine. |
3. Compute the sales price variance for Riesling wine.
4. Compute the mix variance for Mattie's Vineyards for the year. |
5. Compute the quanitity variance for Mattie's Vineyards for the year. |
6. Compute the activity variance for Mattie's Vineyards for the year. |
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