Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Sales Units Actual Budget 22,000 20,000 910 0.000 Product X Product Y 33.000 30.000 Total 55,000 50,000 Sales Mix for each Product Product X
Sales Units Actual Budget 22,000 20,000 910 0.000 Product X Product Y 33.000 30.000 Total 55,000 50,000 Sales Mix for each Product Product X 40.0% 40.0% Product Y 60.0% 60.0% Price Product X $22.00 $20.00 000 $1212,000 $101,00 Product Y $35.00 $30.00 red DM Variable Cost per Unit Product X $15.00 $14.00 Product Y $16.00 $18.00 esign sta ocky & The industry budget is 2 million units and the actual result for the industry is 2.5 million units. Required: 1. Compute the contribution margin sales mix variance for product X. 2. Compute the contribution margin sales mix variance for product Y. 3. Compute the contribution margin sales volume variance for product X. 4. Compute the contribution margin sales volume variance for product Y. 5. Compute the contribution margin sales quantity variance for product X. 6. Compute the contribution margin sales quantity variance for product Y. 7. Compute the market share variance for Tempest. 8. Computer the market size variance for Tempest. pls) comp The productivity
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started