Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Olvet Devices sells two models of fitness devices. The budgeted price per unlt for the wireless model is ( $ 42 ) and the budgeted

image text in transcribedimage text in transcribed Olvet Devices sells two models of fitness devices. The budgeted price per unlt for the wireless model is \\( \\$ 42 \\) and the budgeted price per unit for the wireless and cellular model is \\( \\$ 87 \\). The master budget called for sales of 43,200 wireless models and 10,800 wireless and cellular models during the current year. Actual results showed sales of 33,000 wireless models, with a price of \\( \\$ 39 \\) per unit, and 13,200 wireless and cellular models, with a price of \\( \\$ 84 \\) per unlt. The standard varlable cost per unit is \\( \\$ 29 \\) for a wireless model and \\$64 for a wireless and cellular model. Required: a. Compute the sales actlvity varlance for these data. b. Break down the sales actlvity varlance Into mix and quantity parts. Complete this question by entering your answers in the tabs below. Compute the sales activity variance for these data. (Do not round intermediate calculations. Indicate the effect of each variance by selecting \" \\( F \\) \" for favorable, or \"U\" for unfavorable. If there is no effect, do not select either option.) Complete this question by entering your answers in the tabs below. Break down the sales activity variance into mix and quantity parts. (Do not round intermediate calculations. Indicate the effect of each variance by selecting \" \\( F \\) \" for favorable, or \" \\( U \\) \" for unfavorable. If there is no effect, do not select either option.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Facilities Managers Reference Management Planning Building Audits Estimating

Authors: Harvey H. Kaiser

1st Edition

0876291426, 978-0876291429

More Books

Students also viewed these Accounting questions