Please help. Thanks
Requirement 1. Compute the total salesvolume variance for August 201 8. Deten'nine the formula for sales-volume variance. Then compute the salesvolume variance for each type of cookie and in total for Cookie King forAugust 201B. (Calculate all variances in ten-he of contribution merging.) Label each variance as favourable (F) or unfavourable (U). [Round your answers to the nearest whole doliar.) Saleemhme ( - ) X = variance Choc. chip ( - ) x = Oatmeal ( - ) x = Coconut ( - ) x = Wh' choc. ( - ) x = Mac' ( - ) x = The total sales-volume variance 5 1 . Required Requirement 2. Compute the total salesmix variance for August 2013. Begin bydeten'nining the formula for the sales-mix variance. Then calculate the variance for each type of cookie and in total for August 2018. Label each variance as favourable (F) or unfavourable (U). (Enter Requirement 2. Compute the total sales-mix variance for August 2018. Begin by determining the formula for the sales-mix variance. Then calculate the variance for each type of cookie and in total for August 2018. Label each variance as favourable (F) or unfavourable (U). (Enter percentages rounded to two decimal places, X.XX%. Round final answers to the nearest whole number.) Actual Budgeted Actual Budgeted Sales-mix % % ) x variance Choc. chip % % ) X X Oatmeal % % ) X x Coconut % % ) X x Wh. choc. % - % ) X x Mac. % - % ) X x The total sales-mix variance is $Requirement 3. Compute the total sales-quantity variance for August 2018. First determine the formula for the sales-quantity variance, and then calculate the variance for each type of cookie and in total for August 2018. Label each variance as favourable (F) or unfavourable (U). (Enter percentages rounded to two decimal places, XXX%. Round variances to the nearest whole dollar.) Actual Budgeted Budgeted Budgeted Sales-quantity IX % x variance Choc. chip ) x % X Oatmeal ) x % X Coconut ) X % X Wh. choc. )x % X Mac. )X % X The total sales-quantity variance is $Requirement 4. Comment on your results in requirements 1, 2, and EL Cookie King shows a(n) Y sales-quantity variance because it sold 7 cookies in Intel than was budgeted. Cookie King also sold macadamia nut cookies relative to the budgeted mix.As a result, Cookie King also showed a(n) V total salesmi): variance. of the high-oontribution-rnargin white chocolate and Budget for August 2018 Contribution Selling Price Variable Cost Margin per Sales Volume per Kilogram per Kilogram Kilogram in Kilograms Chocolate chip 4.90 $ 3.00 S 1.90 46,000 Oatmeal raisin 5.10 3.20 1.90 30,000 Coconut 5.80 3.40 2.40 14,000 White chocolate 6.00 3.50 2.50 6,000 Macadamia nut 6.50 3.90 2.60 16,000 112,000Actual for August 2018 Contribution Selling Price Variable Cost Margin per Sales Volume per Kilogram per Kilogram Kilogram in Kilograms Chocolate chip $ 4.90 $ 3.10 1.80 58,000 Oatmeal raisin 5.30 3.40 1.90 18,000 Coconut 5.80 2.80 3.00 9,600 White chocolate 6.00 3.50 2.50 13,200 Macadamia nut 7.00 4.20 2.80 23,400 122,200
