Calculate the Sales Volume Variance for Both Products
Not what you're looking for?
The following information is available for Davis Company regarding sales of Blobs and Globs.
Budget Blobs/unit Total Blobs Globs/unit Total Globs Total 500 Units
budgeted budgeted
(100 units) (400 units)
Sales $100 $10,000 $35 $14,000 $24,000
Var Cost 80 8,000 30 12,000 20,000
Cont Margin 20 2,000 5 2,000 4,000
Budgeted Mix 20% 80%
Actual Blobs/unit Total blobs Globs/unit Total Globs Total 600 Units
sold sold
(90 units) (510 units)
Sales $100 $9,000 $35 $17,850 $26,850
Var Costs 80 7,200 30 15,300 22,500
cont Margin 20 1,800 5 2,550 4,350
budgeted mix 15% 85%
Calculate the sales volume variance only for both products and the company as a whole.
Purchase this Solution
Solution Summary
The solution calculates the sales volume variance for both products.
Solution Preview
Please see the attachment.
Sales volume variance
The following information is available for Davis Company regarding sales of Blobs and Globs.
Budget Blobs/unit Total Blobs Globs/unit Total Globs Total 500 Units
budgeted budgeted
(100 units) (400 units)
Sales $100 $10,000 $35 $14,000 ...
Purchase this Solution
Free BrainMass Quizzes
Team Development Strategies
This quiz will assess your knowledge of team-building processes, learning styles, and leadership methods. Team development is essential to creating and maintaining high performing teams.
Motivation
This tests some key elements of major motivation theories.
Introduction to Finance
This quiz test introductory finance topics.
Change and Resistance within Organizations
This quiz intended to help students understand change and resistance in organizations
Paradigms and Frameworks of Management Research
This quiz evaluates your understanding of the paradigm-based and epistimological frameworks of research. It is intended for advanced students.