Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The Sarasota Corporation manufactures two types of vacuum cleaners, the Victor for commercial business use and the House mate for residences. Budgeted and actual operating

The Sarasota Corporation manufactures two types of vacuum cleaners, the Victor for commercial business use and the House mate for residences. Budgeted and actual operating data for the year 2012 were as follows

Static Budget Victor House Mate Total

Number Sold 5,000 20,000 25,000

Contribution margin 1,500,000 3,000,000 4,500,000

Actual Results Victor House Mate Total

Number Sold 4,000 28,000 32,000

Contribution Margin 1,280,000 3,920,000 5,200,000

What is the total sales mix variance in terms of the contribution margin?

My answer was 200,000 unfavorable - Is this correct?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamentals of Financial Accounting

Authors: Fred Phillips, Robert Libby, Patricia Libby

6th edition

1259864235, 1259864230, 1260159547, 126015954X, 978-1259864230

More Books

Students also viewed these Accounting questions

Question

I need 1-3 because each answer plays off each other

Answered: 1 week ago