Sales in unitsContribution marginEstimated demandActual demandCalculate the following:Total sales-mix variancesQuestion 9O $200,000 U$800,000 U$200,000 F$(1,000,000) FListenStatic BudgetRetallWholesale10,00020,00030,0004,000,000 10,000,000 14,000,000Sales in unitsContribution marginEstimated demandActual demand400,000 units350,000 unitsStatic BudgetRetailWholesale10,00020,00030,0004,000,000 10,000,000 14,000,000400,000 units350.000 unitsCalculate the following:Total sales-quantity variances$(1,600,000) F$5,600,000 F$(4,000,000) F$5,600,000 UTotalTotalWholesale12,0005,000,000Wholesale12,0005,000,000Actual ResultsRetall30,0001,200,000Actual ResultsRetail30,0001,200,000Total42,0006,200,000Total42,0006,200,000

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Sales in units Contribution margin Estimated demand Actual demand Question 9 Listen Calculate the following: Total sales-mix variances O $200,000 U $800,000 U $200,000 F $(1,000,000) F Sales in units Contribution margin Wholesale 10,000 4,000,000 Estimated demand Actual demand Static Budget Retall 20,000 30,000 10,000,000 14,000,000 400,000 units 350,000 units Static Budget Retail Wholesale 30,000 10,000 20,000 4,000,000 10,000,000 14,000,000 400,000 units 350,000 units Calculate the following: $(1,600,000) F $5,600,000 F $(4,000,000) F $5,600,000 U Total sales-quantity variances Total Total Wholesale 12,000 5,000,000 Actual Results Retall 30,000 1,200,000 Actual Results Retail Wholesale 12,000 30,000 5,000,000 1,200,000 Total 42,000 6,200,000 Total 42,000 6,200,000

Sales in units Contribution margin Estimated demand Actual demand Question 9 Listen Calculate the following: Total sales-mix variances O $200,000 U $800,000 U $200,000 F $(1,000,000) F Sales in units Contribution margin Wholesale 10,000 4,000,000 Estimated demand Actual demand Static Budget Retall 20,000 30,000 10,000,000 14,000,000 400,000 units 350,000 units Static Budget Retail Wholesale 30,000 10,000 20,000 4,000,000 10,000,000 14,000,000 400,000 units 350,000 units Calculate the following: $(1,600,000) F $5,600,000 F $(4,000,000) F $5,600,000 U Total sales-quantity variances Total Total Wholesale 12,000 5,000,000 Actual Results Retall 30,000 1,200,000 Actual Results Retail Wholesale 12,000 30,000 5,000,000 1,200,000 Total 42,000 6,200,000 Total 42,000 6,200,000

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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Sales in units Contribution margin Estimated demand Actual demand Static Budget Retall Wholesale 10,000 20,000 30,000 4,000,000 10,000,000 14,000,000 400,000 units 350,000 units Calculate the following: Total sales-mix variances $200,000 U $800,000 U $200,000 F $(1,000,000) F Total Wholesale 12,000 5,000,000 Actual Results Rotall 30,000 1,200,000 Total 42,000 6,200,000
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