Maurice Tutor

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    Argosy University/ Phoniex University/
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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 12 Aug 2017 My Price 5.00

jinwa corporation

the jinwa corporation sells two brands of wine glasses: Plain and Chic. jinwa provides the following information for sales in the month of June 2009:
Static -budget total contribution margin $5,600
Budgeted units to be sold of all glasses 2,000 units
Budgeted contribution margin per unit of Plain $2 per unit
Budgeted contribution margin per unit of Chic $6 per unit
Total Sales-quantity variance $1400 U
Actual sales-mix % of Plain 60%
All variances are to be computed in contribution -margin terms
Required:
1. Calculate the sales-quantity variance for each product for june 2009
2. Calculate the individual-product and total sales mix variances for june 2009. Calculate the individual product and total sales volume variances for June 2009.

Answers

Maurice Tutor
(5)
Status NEW Posted 12 Aug 2017 06:08 PM My Price 5.00

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