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Tinted Corp. buys and sells two types of sunglasses in New York: Duma and Kool. Budgeted and actual results for 2020 are as follows: (Click

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Tinted Corp. buys and sells two types of sunglasses in New York: Duma and Kool. Budgeted and actual results for 2020 are as follows: (Click the icon to view the budgeted and actual results.) Requirement Compute the total sales volume variance, the total sales-mix variance, and the total sales-quantity variance. (Calculate all variances in terms of contribution margin.) Show results for each product in your computations. OX Begin by calculating the Data table Selling Price Duma Product Selling Price Budget for 2020 Variable Cost Selling per Unit Units Sold Price $ 14 98,700 $ 22 Actual for 2020 Variable Cost per Unit Units Sold $ 10 107,520 Kool Duma $ 27 Total Kool $ 25 $ 19 136,300 $ 35 $ 15 116.480 Print Done Requirement Compute the total sales-volume variance, the total sales-mix variance, and the total sales-quantity variance. (Calculate all variances in terms of contribution margin.) Show results for each product in your computations. Begin by calculating the budgeted contribution margin for each product and in total. (Enter the sales mix as a whole number, X%) Selling Variable Cost CM per Units Sales Price per unit unit Sold Mix Duma Kool Total Now calculate the actual contribution margin for each product and in total. (Enter the sales mix as a whole number, X%.) Selling Variable Cost CM per Units Sales Price per unit unit Sold Mix Duma Kool Total Compute the total sales-volume variance. (Calculate all variances in terms of contribution margin.) Show results for each product in your computations Determine the formula for sales-volume variance, then compute the sales-volume variance for each type of sunglasses and in total for Matter in 2017. Label each variance as favorable (F) or unfavorable (U). (Enter all variances as positive numbers. Abbreviation used: qty = quantity.) Sales-volume ) variance Duma ) x Kool ) The total sales-volume variance is $ Now compute the total sales-mix variance (Calculate all variances in terms of contrbution margin.) Show results for each product in your computations, Now determine the formula for the sales-mix variance, then calculate the variance for each type of sunglasses and in total for 2017. Label each variance as favorable (F) or unfavorable (U). (Enter any percentages as a whole number. Enter all variances as positive numbers. Abbreviations used: CM contribution margin: VC variable cost) Actual Actual Budgeted Budgeted Sales-mix varianco Duma x %) Kool The total sales-mix variance is $

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