Question
Tamarisk sells two types of fabric that are used interchangeably in the production of lawn chairs. The following information about each fabric is available: Standard
Tamarisk sells two types of fabric that are used interchangeably in the production of lawn chairs. The following information about each fabric is available:
| Standard Contribution Margin | Standard Volume | Actual Contribution Margin | Actual Volume | |||||
| Fabric A | $1.84/metre | 45,200 metres | $1.89/metre | 40,700 metres | ||||
| Fabric B | $5.00/metre | 9,040 metres | $4.74/metre | 10,840 metres |
Calculate the contribution margin sales volume variance.
Contribution Margin Sales Volume Variance $________(Favourable/Unfavourable/Neither)
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The Practice Of Modern Internal Auditing
Authors: Lawrence B Sawyer
2nd Edition
0894130927, 978-0894130922
