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Static Budget Victor House-mate Total Number sold 6,000 24,000 30,000 Contribution margin $ 1,560,000 $ 3,120,000 $ 4,680,000 Actual Results Victor House-mate Total Number sold
Static Budget | Victor | House-mate | Total |
Number sold | 6,000 | 24,000 | 30,000 |
Contribution margin | $ 1,560,000 | $ 3,120,000 | $ 4,680,000 |
Actual Results | Victor | House-mate | Total |
Number sold | 5,000 | 35,000 | 40,000 |
Contribution margin | $ 1,400,000 | $ 4,130,000 | $ 5,530,000 |
What is the total sales-quantity variance in terms of the contribution margin? | |||
a)$1,560,000 favorable | |||
b)$960,000 unfavorable | |||
c)$540,000 favorable | |||
d) $200,000 unfavorable |
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