Question
Nappon Co. has two products named X and Y. The firm had the following master budget for the year just completed: Product X Product Y
Nappon Co. has two products named X and Y. The firm had the following master budget for the year just completed:
| Product X | Product Y | Total | ||||||||||
| Sales | $ | 242,000 | $ | 376,000 | $ | 618,000 | ||||||
| Variable Costs | 145,000 | 150,400 | 295,400 | |||||||||
| Contribution Margin | $ | 97,000 | $ | 225,600 | $ | 322,600 | ||||||
| Fixed costs | 130,000 | 108,000 | 238,000 | |||||||||
| Operating Income (Loss) | $ | (33,000 | ) | $ | 117,600 | $ | 84,600 | |||||
| Selling Price per unit | $ | 100 | $ | 50 | ||||||||
The following actual operating results were reported after the year was over:
| Product X | Product Y | Total | ||||||||||
| Sales | $ | 367,200 | $ | 547,200 | $ | 914,400 | ||||||
| Variable Costs | 204,000 | 225,000 | 429,000 | |||||||||
| Contribution Margin | $ | 163,200 | $ | 322,200 | $ | 485,400 | ||||||
| Fixed costs | 209,800 | 117,000 | 326,800 | |||||||||
| Operating Income (Loss) | $ | (46,600 | ) | $ | 205,200 | $ | 158,600 | |||||
| Units Sold | 3,180 | 9,900 | ||||||||||
The sales quantity variance for Product Y is: (Round your 'sales mix' percentage to nearest whole percent and other answers to 2 decimal places.)
Multiple Choice
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$39,800 favorable.
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$82,800 unfavorable.
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$41,400 favorable.
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$71,592 favorable.
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$6,400 favorable.
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Automated Stock Trading Systems
Authors: Laurens Bensdorp
1st Edition
1544506031, 978-1544506036
