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William works in the accounting department of a local foatwear manufacturer that specializes in clogs and boats. Cloks and boots typically sell for $105 and
William works in the accounting department of a local foatwear manufacturer that specializes in clogs and boats. Cloks and boots typically sell for $105 and $207 per pair, respectivaly. Aasad an past experienca, fashion trands, and sasonal shifts, the company evpected to sall 760 pairs of clows and 220 pairs of boots. The variable cast per pair was $49 for closs and $76 for boots. At the and of the year, William svaluated the company's salss and contribution margin amounts against the budget. Actual results for the yaar were as followis. - Actual sales valume: clags, 935; boots, 165. - Actual selling price: clogs, $115 par pair; boots, \$199 per pair. - Actual per-unit variable costs for each product were the same as budgeted. (a) For the year just ended, datermine the company's tatal revenues, total variable costs, and tatal contribution margin for its [1] master budget, (2) flexible budgat, and (3) actual income statement. Calculate the company's sales price variance and comprehensive sales activity variance, specifying the amount and sign for each. Sales price variance $ Sales activity variance $ William works in the accounting department of a local foatwear manufacturer that specializes in clogs and boats. Cloks and boots typically sell for $105 and $207 per pair, respectivaly. Aasad an past experienca, fashion trands, and sasonal shifts, the company evpected to sall 760 pairs of clows and 220 pairs of boots. The variable cast per pair was $49 for closs and $76 for boots. At the and of the year, William svaluated the company's salss and contribution margin amounts against the budget. Actual results for the yaar were as followis. - Actual sales valume: clags, 935; boots, 165. - Actual selling price: clogs, $115 par pair; boots, \$199 per pair. - Actual per-unit variable costs for each product were the same as budgeted. (a) For the year just ended, datermine the company's tatal revenues, total variable costs, and tatal contribution margin for its [1] master budget, (2) flexible budgat, and (3) actual income statement. Calculate the company's sales price variance and comprehensive sales activity variance, specifying the amount and sign for each. Sales price variance $ Sales activity variance $
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