Q3 Hollaway Corporation has the following data for the current fiscal year: ActualBudgetSales Units Product X25,00094,000Product Y135,000107,000Total160,000201,000Contribution Margin Product X$ 15.00$ 14.00Product Y$ 12.00$ 11.00 The total sales mix variance for both products is: (Round your percentages to one decimal place. Example: Round .1447 to .145 or 14.5%.) Multiple Choice $409,760 unfavorable. $133,760 favorable. $253,760 favorable. $153,760 favorable. $149,760 unfavorable.

Sales mix variance reflects the difference between the planned and actual amounts. To calculate…

Answered: Q3 Hollaway Corporation has the…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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	Actual	Budget
Sales Units
Product X	25,000	94,000
Product Y	135,000	107,000
Total	160,000	201,000
Contribution Margin
Product X	$ 15.00	$ 14.00
Product Y	$ 12.00	$ 11.00

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Please help me with show all calculation thanku
The sale performance of a business can be summarized as follows Actual Budget Units produced and sold 11,200 10,500 Selling price per unit (£) £28 £25 Standard cost per unit (£) £14 £15 What was the selling price variance? £ 18,800 favourable £ 33,600 favourable £ 56,400 favourable £ 80,000 favourable What was the sales volume variance? £16,900 adverse £7,000 favourable £6,500 favourable £8,400 adverse

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