Sales information ples-volume varianc $ 13,440 2,800 units Static-budget total contribution margin Budgeted units to be sold of all glasses Budgeted contribution margin per unit of Plain Budgeted contribution margin per unit of Chic Total sales-quantity variance Actual sales-mix percentage of Plain $3 per unit $12 per unit $6,240 U 60% get Print Done ining: 01:21:31 The Endo Corporation (EC) sels wo brands of wine glasses Plain and Chic. E provide Next Question ation for sale in the month of June 2010 Click the icon to view the information for sale Al varances are to be computed in contribution margin torme. Required Calculate the sales quantity variances for each product for June 2018 2 Calculate the individual product and total som various for June 2016 Calculate the ndividuo.product and total levoune Victor Are 2016 3 Briefly descnbe the conclusions you can draw from the variance 1. Requirement 1. Calculate the sales-quently variances for each product for ano 2018, Begin by determining the basis formula for Windo Corporation's statiobudkpot total contribution margin (CM) Pain wine glasses Chic wine glasses Budgeted Budgeted Budgeted Budgold Budgolod Budgetid Static budget Total CM Rearrange the formula to determine the salos mx for each product Choose from any list or enter any number in the input fields and then continue to the next question SOM X 1) Rearrange the formula to determine the same for each product The sales percent of Pain wine is The mi portage of Chi wasio Ne dolor in the forms and come budgeted Monach od of all produce the Blodged Madona un soldat a budgeted Choose from any list or enter any number in the input fields and then continue to the notion LLLLL The actual number of all glasses sold is units Now determine the formula, and then calculate the sales-quantity variances for each product for June 2018. Label och variance as favourable (F) or unfavouratio (U). (Entor percentages, if any, as decimals rounded to two places, XXX) Budgeted Actual Budgeted Buogoted Sales-quanley ) variance Plain XX . Choose from any list or ontor any number in the input fields and then continue to the next question Plain Chic Requirement 2. Calculate the individual product and total sales-mix variances for June 2018. Calculate the individuum-product and total sales volunte variance for June 2018 Bogin with the individual product sales mix variances for June 2018. Determine the formula, and then calculate the variance for coch product Labelcach vorn.co as favourable (F) or unfavourablo (U) (Entor percentages, if any, as decimals rounded to two places, "XXX") Actual Budgeted Actual Budgeted Sales- x Variance Choose from any list or enter any number in the input fields and then continue to the next question Plain ) Chic The total sales-mix varianon is Now calculate the individual product sales volume variances for June 2018 Desormine the formula, and then calculate the variance for each product Labolach variance as tavourable (F) or unfavourablo (U) Sales volume variance Choose from any list or enter any number in the input fields and then continue to the next question Plain Chic X The total sales volume variance is Requirement 3. Briefly describe the conclusions you can draw from the variances Endo Corporation shows an) sales-quantay variance because it sold wine glasses in total than was budged. This is partly offset ty an) V salos-mix variance because the actual mix of wine glasses sold has shifted in favour of the higher contribution-margin wine glasses Choose from any list or enter any number in the input fields and then continue to the next
