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Robinson Company has two products, A and B . Robinson s budget for August follows: Master Budget Product A Product B Sales $ 2 4
Robinson Company has two products, A and B Robinsons budget for August follows:
Master Budget
Product A Product B
Sales $ $
Variable cost
Contribution margin $ $
Fixed cost
Operating income $ $
Selling price $ $
On September these operating results for August were reported:
Operating Results
Product A Product B
Sales $ $
Variable cost
Contribution margin $ $
Fixed cost
Operating income $ $
Units sold
Required:
For each product, determine the following variances measured in dollars of contribution margin:
A Flexiblebudget variance Product A Product B
B Sales Volume Variance
C Sales Quantity Variance
D Sales Mix Variance
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