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The Omega Corporation manufactures two types of vacuum cleaners: the ZENITH for commercial building use and the House-Helper for residences. Budgeted and actual operating data
The Omega Corporation manufactures two types of vacuum cleaners: the ZENITH for commercial building use and the House-Helper for residences. Budgeted and actual operating data for the year 20X5 are as follows: Static Budge ZENITH House-Helper Total Number sold 15,000 60,000 75,000 Contribution margin $3, 750,000 $12,000,000 $15, 750,000 Actual Results ZENITH House-Helper Total Number sold 16, 500 38, 500 55,000 Contribution margin $6, 200,000 $10, 200,000 $16, 400,000 Required: Compute the sales-mix variance and the sales-quantity variance by type of vacuum cleaner, and in total. in terms of the contribution margin)
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