Susan Smith founded the Smith Corporation over 25 years ago. The company's genesis was spurred by the unique climbing apparatus developed by Susan, an avid mountaineer. Smith Corporation has continued to produce that first product, but it has now diversified into other outdoor activity equipment as well. In fact, the vast majority of the company's revenues are now accounted for by sales of non climbing products. Susan is considering whether his company should continue producing and selling some of its oldest products, all of which relate to mountain climbing.

To begin his decision-making process, Susan has asked the company's controller, Marin Hennesy, to accumulate data on the original locking carabiner that set the company on its way.Accordingly, Marin accumulated the following data for last year:

Budgeted production and sales: 5,000 carabiners.

Actual production and sales: 6,000 carabiners.

The standard for a carabiner requires 1.5 ounces of material at a budgeted cost of $1.52 per ounce and two hours of assembly and testing time at a cost of $12.50 per hour.

The carabiner sells for $32 each.

Actual production costs for the 6,000 carabiners totaled $12,900 for 8,600 ounces of materials and $161,700 for 13,200 labor hours.

Please submit answers in word or excel format. Not picture format.Thank you.

A.What was the budgeted contribution margin per carabiner?

B.What was the actual contribution margin per carabiner?

C. What was Smith's sales volume variance for the year?

D.What was Smith's flexible budget variance?

E.What was Smith's direct material price variance?

F.What was Smith's direct material usage variance?

G.What was Smith's direct labor rate variance?

H.What was Smith's direct labor efficiency variance?

I.What would the sales price variance be if each carabiner sold for $33?

J .Based on the available information,should Smith continue making the carabiner?

Please submit answers in word or excel format. Not picture format.Thank you.