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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 $288,000 $336,000 Variable cost 168,000
Robinson Company has two products, A and B. Robinson's budget for August follows: Master Budget Product A Product B Sales $288,000 $336,000 Variable cost 168,000 $120,000 96,000 224,000 $112,000 Contribution margin Fixed cost 84,000 $24,000 28,000 Operating income Selling price 120 60 On September 1, these operating results for August were reported: Operating Results Product B Product A Sales $133,875 $447,950 Variable cost 82,875 $51,000 96,000 310,675 $137,275 84,000 Contribution margin Fixed cost $(45,000) $53,275 Operating income Units sold 7,225 1,275 Required: 1. For each product, determine the following variances measured in dollars of contribution margin: Answer is not complete. Product A Product B Flexible-budget variance Sales volume variance Sales quantity variance Sales mix variance Unfavorable Favorable Favorable Favorable Unfavorable . Unfavorable Favorable b. . Unfavorable d
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