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P 13-13: Wine Distributors

Wine Distributors is a wholesaler of wine, buying from wineries and selling to wine stores. Three different white wines are sold: Chablis, Chardonnay, and Riesling. Here are budgeted and actual sales data for the month of April.

WINE DISTRIBUTORS
Budgeted and Actual Sales Data
April

Chablis Chardonnay Riesling Total
Standard sales price $7.00 $8.25 $6.75
Standard quantity 10,000 4,000 12,000 26,000
Actual sale price $7.25 $8.10 $7.10
Actual quantity 8,000 6,000 11,000 25,000

Required:

Write a short memo to management analyzing the operating performance for April.

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Solution Summary

The expert examines overhead and marketing variances for wholesaler of wine distributors.

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ANSWERS
Please see attached file for answers.

Date: July 23, 2010
From: Name
Accountant
Wine Distributors
To; Management
Wine Distributors
Subject: Review of Operating Performance for April
________________________________________________________

Wine Distributor's ...

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