Use the information below to answer following three questions.

Statin company expected to sell 3000 masks for $200 each but ended up selling 7500 for $150 each. Their contribution margins are listed below

Actual Margin	Standard Margin
$500	$90

What is the sales margin variance?

a.

(3,075,000)

b.

3,480,000

c.

(3,480,000)

d.

3,075,000

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Question 5

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What is the price variance?

a.

(675,000)

b.

3,750,000

c.

(405,000)

d.

3,075,000

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Question 6

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What is the quantity variance?

a.

(405,000)

b.

3,075,000

c.

3,480,000

d.

405,000

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Question 7

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Use the information below to answer following two questions.

Statin company adds sanitizer to their product line bringing their total budgeted sales for both products up from 3000 to 4500 and actual sales increased from 7500 to 9000.

What is the mixture variance?

a.

810,000

b.

(135,000)

c.

270,000

d.

135,000

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Question 8

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What is the volume variance?

a.

810,000

b.

135,000

c.

270,000

d.

405,000