Woodruff Flowering Plants provides the following information for the month of May:ActualSales in unitsContribution margin per unitFor May, Woodruff will report a(n)OA. favorable sales - mix varianceB. favorable market share varianceOC. unfavorable market share varianceD. unfavorable sales - mix varianceFuchsia21,000$22Dogwood4.500$19CFuchsiaBudget18,000$23Dogwood3,200$18

Variance arises when the actual costs differ from the standard costs. The results are favorable…

Woodruff Flowering Plants provides the following information for the month of May: Actual Sales in units Contribution margin per unit For May, Woodruff will report a(n) OA. favorable sales - mix variance OB. favorable market - share variance C. unfavorable market share variance D. unfavorable sales - mix variance Fuchsia 21,000 $22 Dogwood 4,500 $19 Fuchsia Budget 18,000 $23 Dogwood 3,200 $18

Woodruff Flowering Plants provides the following information for the month of May: Actual Sales in units Contribution margin per unit For May, Woodruff will report a(n) OA. favorable sales - mix variance OB. favorable market - share variance C. unfavorable market share variance D. unfavorable sales - mix variance Fuchsia 21,000 $22 Dogwood 4,500 $19 Fuchsia Budget 18,000 $23 Dogwood 3,200 $18

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter18: Pricing And Profitability Analysis

Section: Chapter Questions

Problem 32P: Sulert, Inc., produces and sells gel-filled ice packs. Sulerts performance report for April follows:...

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Archoid's Flowering Plants provides the following information for the month of May: Actual Sales in units Contribution margin per unit For May, the company will report a(n). A. unfavorable sales - mix variance B. unfavorable market-share variance C. favorable market-share variance D. favorable sales-mix variance Tulips 4,420 $15 Geraniums Tulips Budget 4,200 $19 (Round any intermediary calculations two decimal places.) 4,950 $10 Geraniums 3,300 $22
Sulert, Inc., produces and sells gel-filled ice packs. Sulerts performance report for April follows: Required: 1. Calculate the contribution margin variance and the contribution margin volume variance. 2. Calculate the market share variance and the market size variance. (CMA adapted)
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Dickinsen Company gathered the following data for December: Planned Actual Sales price per unit Number of units of sales $5.80 x 820,000 $4,756,000 $6.00 x 805,000 $4,830,000 Total sales a. Compute the revenue price variance. b. Compute the revenue volume variance. c. Compute the total revenue variance.
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