= Question 7, E14-27 (similar to) Part 3 of 15 3 > HW Score: 69.52%, 6.26 of 9 points Points: 0.28 of 1 Save Sp 2 Eliza Inc, manufactures and sells two fruit drinks: Kostor and Limba. Budgeted and actual results for 2017 are as follows: (Click the icon to view the budgeted and actual results.) Read the requirements. 210,000 100 % $ 1,134,000 Total Complete the following table to determine the actual contribution margin per unit, sales mix and contribution margin. (Enter all dollar values to the nearest cent and sales mix as whole percentages.) Contribution Margin per Unit $ 4.20 Actual for 2017 Sales Volume Sales Mix in Units (Based on Units) 151,200 37,800 20 % 189,000 100 Contribution Margin S 635,040 Kostor 80 % Limba 330.750 8.75 S $ 965,790 Total % First determine the formula for the sales-volume variance, then calculate the variance for each product. (Calculate all variances in terms of contribution margins.) Label each variance as favorable (F) or unfavorable (U). (Enter all dollar values to the nearest cent and enter all variances as positive numbers. Abbreviation used: CM = contribution margin) ) Sales-volume variance der Help me solve this Etex 56F Wia 4/24/2022 11 Question 7, E14-27 (similar to) Part 1 of 15 Homouc Sp 22 HW Score: 66.43%, 5.98 of 9 points O Points: 0 of 1 O Save Eliza Inc. manufactures and sells two fruit drinks: Kostor and Limba. Budgeted and actual results for 2017 are as follows: (Click the icon to view the budgeted and actual results.) Read the requirements GO Requirement 1. Compute the total sales-volume variance, the total sales-mix variance, and the total sales-quantity variance (Calculate all variances in terms of contribution margin.) Show results for each product in your computations Begin by completing the following table to determine the budneted contribution marrin ner unit sales mix and contribution margin. (Enter all dollar values to the nearest cent and sales mix as whole percentages.) Data table - X - X Requirements Kostor 1. Limba Product Budget for 2017 Actual for 2017 Selling Variable Cost Cartons Selling Variable Cost Cartons Price per Carton Sold Price per Carton Sold $ 10.00 $ 5.50 147,000 S 10.40 $ 6.20 151,200 $ 15.00 $ 7.50 63,000 $ 16.50 $ 7.75 37,800 Compute the total sales volume variance, the total sales-mix variance, and the total sales-quantity variance (Calculate all variances in terms of contribution margin.) Show results for each product in your computations. What inferences can you draw from the variances computed in requirement 12 Total Kostor Limba 2. Print Done Print Done Help answer Type here to search