Do not give answer in image 9. Istanbul company manufactures two products A and B. the following information wasprovided about the two products:Budgeted sales in unitsBudgeted selling priceBudgeted contribution margin per unitActual sales in unitsA2700$600$6003,000$650B600$1,700$1,0801,400Actual selling price$1,680What is the total sales mix variance ? (Round intermediary calculations to two decimalplaces)A. $295,680 favorableB. $600,000 favorableC. $1,034,880 favorableD. $369,600 favorableE. $665,280 favorable

According to the question given, we need to compute the sales mix variance.Sales mix variance:The…

provided about the two products: Budgeted sales in units Budgeted selling price Budgeted contribution margin per unit A 2700 $600 $600 3,000 $650 B 600 $1,700 $1,080 Actual sales in units 1,400 Actual selling price $1,680 What is the total sales mix variance ? (Round intermediary calculations to two decimal places)

provided about the two products: Budgeted sales in units Budgeted selling price Budgeted contribution margin per unit A 2700 $600 $600 3,000 $650 B 600 $1,700 $1,080 Actual sales in units 1,400 Actual selling price $1,680 What is the total sales mix variance ? (Round intermediary calculations to two decimal places)

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter7: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 46E: Lotts Company produces and sells one product. The selling price is 10, and the unit variable cost is...

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The income data of SB Kopi for the years 200B and 200A are as follows: 200B 200A Variance Sales 276,000.00 204,000.00 72,000.00 F Cost of Sales 151,800.00 122,400.00 29,400.00 U Gross Profit 124,200.00 81,600.00 42,600.00 Question: If the sales price in 200B is approximately 20% higher that the sales price in 200A, the P72,000 increase in sales may be analyzed into: Sales Price Variance Sales Volume Variance a 46,000 favorable 26,000 unfavorable b 46,000 unfavorable 26,000 favorable c 26,000 favorable 46,000 favorable d 46,000 favorable 26,000 favorable Group of answer choices B A C D Question: The 29,400 increase in cost of sales may be analyzed into: Cost Volume Variance Cost Price Variance a 15,000 favorable…
3. Istanbul company manufactures two products A and B. the following information was provided about the two products: A 2700 $600 $600 3000 $650 B 600 Budgeted sales in units Budgeted selling price Budgeted contribution margin per unit Actual sales in units Actual selling price What is total sales mix variance? (Round intermediary calculations to two decimals places). A. $665,280 favorable B. $1,034,880 favorable C. $600,000 favorable D. $369,600 favorable E. $295,680 favorable $1700 $1080 1400 $1,680
Dairy Delites had the following projected and incurred the following production and cost data shown below: Actual Variable MOH Incurred $2,328 Actual Quantity of the Cost Driver (AQ) 850 hours Standard Quantity of the Cost Driver (SQ) 780 hours Standard Price per usage of cost driver (SP) $2.30/hr. What is the Variable-MOH Price Variance? A) $161 unfavorable B) $161 favorable C) $373 unfavorable D) $373 favorable
Find the values of the missing items (a) through (x). Assume the actual sales volume equals actual production volume. Marketing and Administrative Sales Price Variance Variance Units Sales Revenue Less: Variable Manufacturing Costs Variable marketing and administrative costs Contribution margin Fixed manufacturing costs Fixed marketing and administrative costs Operating Profit PreviousNext Reported income statement (based on actual sales volume) Manufacturing variance (a) (g) (n) (q) (r) (t) $4,320 $3,600 (0) $1,800 U $ 400 F (u) (p) (s) (v) (w) $3,600 F (X) $3,600 F Flexible Budget (based on actual sales volume (b) (h) (m) Sales Activity Variance 4,000 F (1) $19,200 (i) $4,800 $800 U $12,000 (k) $3,000 $4,000 (1) Master Budget (based on budgeted sales volume) 20,000 $30,000 (c) (d) (e) (f) $16,000 $10,000
What is the correct choice? Datamatix Company has gathered the following data: Unit Sales Price Unit Variable Costs Unit Sales Product 1 $18.00 $10.00 24,500 Product 2 27.00 17.00 17,500 Product 3 35.00 28.00 28,000 Fixed costs are $233,280. The weighted-average breakeven point is a. 34,500 units. b. 28,800 units. c. 25,200 units. d. 29,900 units.
ACE CORP HAS THE FOLLOWING DL STANDARDS: DLHRS/UNIT 1.25 DL COST/HR $32 ACE USED 21,780 DLHRS TO PRODUCE 18,000 UNITS. ACTUAL DL COSTS = $713,295. WHAT IS THE AMOUNT OF THE DL PRICE VARIANCE? ___________ IS THE VARIANCE FAVORABLE OR UNFAVORABLE? ___________ REFER TO QUESTION 1. WHAT IS THE AMOUNT OF THE DL EFFICIENCY VARIANCE? _________ IS THE VARIANCE FAVORABLE OR UNFAVORABLE__________
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Lotts Company produces and sells one product. The selling price is 10, and the unit variable cost is 6. Total fixed cost is 10,000. Required: 1. Prepare a CVP graph with Units Sold as the horizontal axis and Dollars as the vertical axis. Label the break-even point on the horizontal axis. 2. Prepare CVP graphs for each of the following independent scenarios: (a) Fixed cost increases by 5,000, (b) Unit variable cost increases to 7, (c) Unit selling price increases to 12, and (d) Fixed cost increases by 5,000 and unit variable cost is 7.
Required: (a) Which formula will correctly calculate the direct labour efficiency variance in cell B18? A = (C9*C4)- B13B = B13-(C9*C4)C = (C9*C4)- (150,000*8)D = (150,000-(C9*6))*8 (b) Calculate the following for month 1: (i) Sales volume variance and state whether it is favourable or adverse; (ii) Sales price variance and state whether it is favourable or adverse.
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A company has the following standard cost card for a product: £ Selling price 2.50 Variable costs 1.95 Fixed cost 0.15 The original budget was to make and sell 110,000, but in fact 125,000 were produced and 120,000 sold for total revenue of £295,000. Which of the following are the correct variances? Sales volume Sales price A 4,000 F 5,000 A B 4,000 F 5,000 F C 25,000 F 20,000 A D 25,000 F 20,000 F