Static-budgeted total contribution margin 18720

Budgeted units to be sold of all glasses 2600units

Budgeted contribution margin per unit of Plain 6per unit

Budgeted contribution margin per unit of Chic 12per unit

Total sales-quantity variance 8640U

Actual sales-mix percentage of Plain 60%

The Kato Corporation (KC) sells two brands of wine glasses Plain and Chic. KC provides the following information for sales in the month of June 2018: (Click the icon to view the information for sales.) All variances are to be computed in contribution-margin terms. Required Calculate the sales-quantity variances for each product for June 2018 Calculate the individual-product and total sales-mix variances for June 2018. Calculate the individual-product and total sales-volume variances for June 2018. Briefly describe the conclusions you can draw from the variances Requirement 1. Calculate the sales-quantity variances for each product for June 2018. Begin by determining the basic formula for Kato Corporation's static-budget total contribution margin (CM) Plain wine glasses Chic wine glasses Budgeted Budgeted Budgeted Budgeted Budgeted Budgeted Static-budget ) + ( total CM Rearrange the formula to determine the sales mix for each product. The sales-mix percentage of Plain wine glasses is % The sales-mix percentage of Chic wine glasses is% Next determine the formula and compute the budgeted CM based on actual units sold of all products at the budgeted mix. Budgeted CM based on actual units sold at the budgeted mix Choose from any list or enter any number in the input fields and then continue to the next question. Save for Later Omula, and then calculate the sales-quantity variances for each product for June 2018. Label each variance as favourable (F) or unfavourable (U). (Enter percentages, if any, as decimals rounded to two places, "XXX" ) Budgeted Actual Budgeted Budgeted Sales-quantity variance Plain ( Chic ( Requirement 2. Calculate the individual-product and total sales-mix variances for June 2018. Calculate the individual-product and total sales-volume variances for June 2018. Begin with the individual-product sales-mix variances for June 2018. Determine the formula, and then calculate the variance for each product. Label each variance as favourable (F) or unfavourable (U) (Enter percentages, f any, as decimals rounded to two places, "X.XX".) Actual Budgeted Actual Budgeted Sales-mix ) X variance Plain Chic The total sales-mix variance is Choose from any list or enter any number in the input fields and then continue to the next question. Save for Later X w 12:22 PM 4+ 142 # 3 $ 4 & 9 O W E R T Y U O P S D F G H K