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Richard's Electronics manufactures TV's and DVD's. During April, the following activities occurred: Static Budget TVs DVDs Total Numbers sold 17640 66360 84000 Contribution margin $
| Richard's Electronics manufactures TV's and DVD's. | ||||||
| During April, the following activities occurred: | ||||||
| Static Budget | TVs | DVDs | Total | |||
| Numbers sold | 17640 | 66360 | 84000 | |||
| Contribution margin | $ 793,800.00 | $ 5,176,080.00 | $ 5,969,880.00 | |||
| Contribution margin per unit | $ 45.00 | $ 78.00 | ||||
| Actual Results | TVs | DVDs | Total | |||
| Numbers sold | 20000 | 80000 | 100000 | |||
| Contribution margin | $ 1,000,000.00 | $ 6,320,000.00 | $ 7,320,000.00 | |||
| Contribution margin per unit | $ 50.00 | $ 79.00 | ||||
| Prior to the beginning of the year, a consulting firm estimated the total volume for TVs and DVDRs category to be: | 300000 | |||||
| Actual industry volume: | 400000 | |||||
| Required: | ||||||
| What is the actual market share %? | ||||||
| What is the budgeted market share %? | ||||||
| What is the budgeted sales mix % of TVs? | ||||||
| What is the budgeted sales mix % of DVDRs? | ||||||
| What is the actual sales mix % of TVs? | ||||||
| What is the actual sales mix % of DVDRs? | ||||||
| What is the budgeted contribution margin per composite unit of budgeted mix? | ||||||
| What is the flexible-budget contribution margin amount? | ||||||
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