What is the R100 sales mix variance? CompuWorld sells two products, R66 and R100, and calculates sales
Question:
CompuWorld sells two products, R66 and R100, and calculates sales variances using contribution margin. Pertinent data for the current year follow:
a. $20,000F
b. $30,000F
c. $35,000F
d. $40,000F
e.$70,000F
Transcribed Image Text:
Budgeted R66 Actual R100 S 50 $160 90 S 10 S 70 30 S 4 S 40 400 R100 $ 55 155 95 S 12 S 60 25 $ 7 35 1,000 R66 Selling price Variable cost per unit Contribution margin Fixed cost per unit Operating income Sales in units 40 43 1,200 1,000
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 88% (9 reviews)
A B C D E 1 Product Actual Budgeted 2 Quantity Ratio Qu...View the full answer
Answered By
Muhammad Imtiaz Rasool
Teaching profession brings with it lots of duties and challenges.
When I completed my Bachelor's Degree. So I entered this profession.
I am in this profession of teaching in a School for about 2 years. Every time whenever I am going to teach a class as a part of this noble profession .I am learning also. I am trying consistently ....how to represent, interpret, summarize and rethink about the whole concept I wish to teach or rather inspire my students in a specific period of time assigned to me.
0.00
0 Reviews
10+ Question Solved
Related Book For
Cost management a strategic approach
ISBN: 978-0073526942
5th edition
Authors: Edward J. Blocher, David E. Stout, Gary Cokins
Question Posted:
Students also viewed these Management Leadership questions
-
The following cost data for the current year relate to Heartstrings Pty Ltd, a greetings card manufacturers Required: Calculate each of the following costs for the year: 1. Total prime costs. 2....
-
The following cost data for the current year relate to Heartstrings Pty Ltd, a greeting cards manufacturer: Service department costs' $ 200 000 Direct labour: wages 970 000 Direct labour: on-costs...
-
What is the R66 sales quantity variance? CompuWorld sells two products, R66 and R100, and calculates sales variances using contribution margin. Pertinent data for the current year follow: a. $400F b....
-
Name: PN 200 Fundamentals of Nursing II Medication Error Prevention-OTC's Date: Jeff Voss, a 29-year-old graduate student is at the student health center for a physical examination required before...
-
Each of the reactions shown involves nucleophilic substitution. The product of reaction (a) is an isomer of the product of reaction (b). What kind of isomer? By what mechanism does nucleophilic...
-
hi chegg I need help with questions 10 through 13. how do I do gross margin etc. what is the ratio period. what does gross margin ratio mean. what is the gross margin. as stated please dont just use...
-
Name the theories of fashion adoption and explain what they mean. LO.1
-
Use the following information to determine this companys cash flows from investing activities. a. Equipment with a book value of $65,300 and an original cost of $133,000 was sold at a loss of...
-
Felix \& Co. reports the following information about its sales and cost of sales. Calculate the fixed cost and variable cost of sales by using the high-low method. (Round cost per unit to 2 decimal...
-
Recording Adjusting Entries Hannah Companys annual accounting year ends on June 30. It is June 30, 2012, and all of the entries for the current year have been made except the following adjusting...
-
Janice Interiors installs custom interiors for luxury mobile homes. In its most recent negotiation with the union, the firm proposed to share productivity gains in direct labor equally with the...
-
What is the market size variance? a. $51,000F d. $85,000F b. $68,000F e. $119,000F c. $71,400F C. W. McCall sells a goldplated souvenir mug; McCall expects to sell 1,600 units for $45 each to earn a...
-
Repeat the experiment of Prob. 7/1 but use a small angle of rotation, say, 5. Note the near-equal final positions for the two different rotation sequences. What does this observation lead you to...
-
Question 2: Response to John Ripley?
-
Prepare a summary of the effects of the "fat tax" on the demand and supply diagram. Ensure you talk about the dead weight loss. PRICE D Tax Revenue S P1 P2 TAX P3 Dead Weight Loss QUANTITY QeAT QeBT...
-
Trade causes production in Home to move from point A to point B. What does this mean happened to the relative price of Qc? QF Home QF1 A QF2 Qc Qc2 Qc2
-
Write as an ordered pair the coordinates of the point whose y-coordinate is 3 and whose x-coordinate is -7. X Viewing Saved Work Revert to Last Response
-
1. A cereal manufacturer tests their equipment weekly to be assured that the proper amount of cereal is in each box of cereal. The company wants to see if the amount differs from the stated amount on...
-
On March 1, 19X6, Hi-Tech Recording Studio issues 7 3/4-percent, 10-year notes payable with a face value of \(\$ 300,000\). The notes pay interest on February 28 and August 31, and Hi-Tech amortizes...
-
Consider a closed, rigid tank with a volume of 0.8L, filled with cold water initially at 27C. The tank is filled such that there are no voids (air pockets) within. The initial pressure within the...
-
What is a budget deficit, and what are the two main ways in which the government can finance deficit spending? Which of these methods of financing deficits does the U.S. government most commonly use?
-
The Apex Company sold a water softener to Marty Smith. The price of the unit was $350. Marty asked for a deferred payment plan, and a contract was written. Under the contract, the buyer could delay...
-
One thousand dollars is borrowed for one year at an interest rate of 1%per month. If the same sum of money could be borrowed for the same period at an interest rate of 12% per year, how much could be...
-
A sum of money Q will be received 6 years from now. At 5% annual interest the present worth now of Q is $60. At the same interest rate, what would be the value of Q in 10 years?
-
TB SA Qu. 13-74 (Static) What must Abdu invest today to... What must Abdu invest today to receive an annuity of $9,000 for four years semiannually at an 8% annual rate? All withdrawals will be made...
-
The tolal landed coet with the order gaantly sire of 6,000 unts is 4 (Enter your response roundod to the nearest dolar)
-
Boyne Inc. had beginning inventory of $12,000 at cost and $20,000 at retail. Net purchases were $120,000 at cost and $170,000 at retail. Net markups were $10,000, net markdowns were $7,000, and sales...
Study smarter with the SolutionInn App