The Fortise Corporation manufactures two types of vacuum cleaners, the Victor for commercial building use and the House-Mate for residences. Budgeted and actual operating data for the year 2017 were as follows: Static Budget Victor House-Mate Total Number sold 20,000 80,000 100,000 Contribution margin $4,600,000 $15,200,000 $19,800,000 Actual Results Victor House-Mate Total Number sold 21,500 64,500 86,000 Contribution margin $6,665,000 $14,190,000 $20,855,000 What is the total sales-mix variance closest to in terms of the contribution margin

The Fortise Corporation

The total sales-mix variance closest to $1,055,000 in terms of the contribution margin.

Explanation:

a) Data and Calculations:

Static Budget                       Victor    House-Mate           Total

Total Number sold              20,000          80,000           100,000

Contribution margin   $4,600,000 $15,200,000   $19,800,000

Actual Results                    Victor    House-Mate             Total

Number sold                       21,500           64,500           86,000

Contribution margin  $6,665,000   $14,190,000 $20,855,000

Variance

Number sold                        1,500 F          15,500 U        14,000 U

Contribution margin $2,065,000 F   $1,010,000 U $1,055,000 F

answer; swot analysis;

the definition of a small business is an independently owned and operated company that is limited in size and in revenue depending on the industry. a local bakery that employs 10 people is an example of a small business. a manufacturing facility that employees less than 500 people is an example of a small business.