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The Jay Appliance Manufacturing Corporation manufactures two vacuum cleaners, the Standard and the Super. The following information was gathered about the two products: Standard Super
The Jay 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 3,200 800
Budgeted selling price $600 $1,700
Budgeted contribution margin per unit $420 $1,100
Actual sales in units 3,500 1,500
Actual selling price $650 $1,680
What is the budgeted sales-mix percentage for the Standard and the Super vacuum cleaners, respectively?
0.80 and 0.20 | ||
0.70 and 0.30 | ||
0.20 and 0.80 | ||
0.30 and 0.70 |
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