Emcee Inc. manufactures and sells two fruit drinks: Kostor and Limba. Budgeted and actual results for 2017 are as follows: Required Product Kostor Limba Selling Price $12.00 $15.00 Budget for 2017 Variable Cost per Carton $7.20 $8.25 Cartons Sold 130,000 120,000 Selling Price $12.50 $16.00 Actual for 2017 Variable Cost per Carton $8.00 $7.75 Cartons Sold 132,000 108,000 1. Compute the total sales-volume variance, the total sales-mix variance, and the total sales-quantity variance. (Calculate all variances in terms of contribution margin.) Show results for each product in your computations. 2. What inferences can you draw from the variances computed in requirement 1
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Emcee Inc. manufactures and sells two fruit drinks: Kostor and Limba. Budgeted and actual results fo...
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