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ashly138 ashly138
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7 years ago
Bob's Appliances manufactures industrial dryers and washers. During February the following data are available:
   Dryers   Washers
Actual units sold   10,000   40,000
Budgeted sales     8,820   33,180
Actual selling price     $700   $900
Budgeted selling price    $710   $930
Budgeted market share    25%   24%
Actual market share    20%   25%
Budget cont. margin /unit     $275   $375

Required:
Determine the following:
a.   Sales-mix and sales-quantity variances
b.   Market-share and market-size variances (for calculation purposes round combined actual and budgeted market share percentages to six decimal places.)
Textbook 
Cost Accounting: A Managerial Emphasis, Canadian Edition

Cost Accounting: A Managerial Emphasis, Canadian Edition


Edition: 7th
Authors:
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GarretAGarretA
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7 years ago
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