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Required information [The following information applies to the questions displayed below.] CompuWorld sells two products, R66 and R100, and calculates sales variances using the contribution
Required information [The following information applies to the questions displayed below.] CompuWorld sells two products, R66 and R100, and calculates sales variances using the contribution margin. Pertinent data for the current year follow: Selling price Variable cost per unit Contribution margin Fixed cost per unit Operating income Sales in units What is the total sales volume variance? Total sales volume variance Budgeted R66 $50 40 $10 6 $4 1,200. R100 $ 160 90 $70 30 $40 400 Actual R66 $ 55 43 $12 5 $7 1,000 R100 $155 95 $ 60 25 $ 35 1,000 4
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