Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The Corata Appliance Manufacturing Corporation manufactures two vacuum cleaners, the Standard and the Super. The following information was gathered about the two products: Standard
The Corata Appliance Manufacturing Corporation manufactures two vacuum cleaners, the Standard and the Super. The following information was gathered about the two products: Standard Super Budgeted sales in units 2700 6:00 Budgeted selling price $600 $1,700 Budgeted contribution margin per unit $500 $1060 Actual sales in units 3100 1200 Actual selling price $650 $1,680 What is the total sales-mix variance in terms of the contribution margin? (Round intermediary calculations to two decimal places.) $455,800 favorable $670,800 favorable $240,800 favorable $215,000 favorable
Step by Step Solution
There are 3 Steps involved in it
Step: 1
To calculate the total salesmix variance in terms of the contribution margin we first need to calcul...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