PW 7-Ch 10 6 Check my work mod Exercise 10C-1 Variance Analysis (LO10] Johnston Company (C) sells two types of bicycles with details as follows for 2019: $ $ 96,000 170.ee B.de 134.00 1,200 $ 1,600 958 $ 1,258 Plan Expected total industry unit sales Budgeted ac unit sales Budgeted selling price per unit Budgeted variable costs per unit Actuals Actual total industry unit sales Actual unit sales Actual selling price per unit Actual variable cost per unit 120, Bee 280, de 12, 36.000 $ 1,240 1.575 $ 1,00 $ 1,275 Required: 1. Calculate the budgeted contribution margin for each model Answer is complete and correct. Budgeted Contribution Margin Mountain Roud Selling price $ 1.200 .000 Variable costs 980 1.25 Budgeted contribution margin per 3 222 2. Calculate the following variances Answer is complete but not entirely correct. Sales Price Variance 8.518, 228 PW 7-Ch 10 6 Check my work mod Exercise 10C-1 Variance Analysis (LO10] Johnston Company (C) sells two types of bicycles with details as follows for 2019: $ $ 96,000 170.ee B.de 134.00 1,200 $ 1,600 958 $ 1,258 Plan Expected total industry unit sales Budgeted ac unit sales Budgeted selling price per unit Budgeted variable costs per unit Actuals Actual total industry unit sales Actual unit sales Actual selling price per unit Actual variable cost per unit 120, Bee 280, de 12, 36.000 $ 1,240 1.575 $ 1,00 $ 1,275 Required: 1. Calculate the budgeted contribution margin for each model Answer is complete and correct. Budgeted Contribution Margin Mountain Roud Selling price $ 1.200 .000 Variable costs 980 1.25 Budgeted contribution margin per 3 222 2. Calculate the following variances Answer is complete but not entirely correct. Sales Price Variance 8.518, 228