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Problem 1 6 - 5 2 ( Algo ) Sales Volume, Sales Quantity, and Sales Mix Variances [ LO 1 6 - 3 ] Margot's
Problem Algo Sales Volume, Sales Quantity, and Sales Mix Variances LO
Margot's Ice Cream operates several stores in a major metropolitan city and its suburbs. Its buidget and operating data for the current year follow:
tableBudgeted Data,Actual,Operating ResultsSelling,Variable,Selling,VariablePrice per,Costs per,,Price per,Costs per,,,FlavorGallons,Gallon,Gallon,Gallons,Gallon,Gallon,Vanilla$$$$ChocolateStrawberryAnchovy
Required:
Compute these variances for the individual flavors and total quantity sold. Use the Contribution Margin in your calculations and do not round intermediate calculations.
tableabcSales Volume VarianceVanillaChocolateStrawberryAnchovyTotal
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