User Account

All Pages

What is the total sales-mix variance

Assignment Help Accounting Basics
Reference no: EM132466191

The Corata Appliance Manufacturing Corporation manufactures two vacuum cleaners, the Standard and the Super. The following information was gathered about the two products:

                                                                 Standard     super

Budgeted sales in units                             2700           600

Budgeted selling price                              $600         $1,700

Budgeted contribution margin per unit         $500        $1,060

Actual sales in units                               3100          1200

Actual selling price                                $650         $1,680

Question 1: What is the total sales-mix variance in terms of the contribution margin? (Round intermediary calculations to two decimal places.)

Reference no: EM132466191

Questions Cloud

What is the company new required rate of return : The risk-free rate and the firm's beta remain unchanged. What is the company's new required rate of return?
What is the approximate price of a bond that matures : What is the approximate price of a bond that matures in two years (T = 2), with a face value of $1000 (F = $1000), and an annual coupon
What is the cost of the plant maintenance department : What is the complete reciprocated cost of the Plant Maintenance Department?Alfred, owner of Hi-Tech Fiberglass Fabricators, Inc
Common contributors or causes to personal workplace stress : Your task is to contemplate some of the most common contributors or causes to personal workplace stress and how this stress affects your performance.
What is the total sales-mix variance : What is the total sales-mix variance in terms of the contribution margin? (Round intermediary calculations to two decimal places.)
The two major themes are creativity and stress : The two major themes are creativity and stress. We have discussed how both of these concepts relate to both the individual as well as to the organization
What is cost of the data processing department : What is the complete reciprocated cost of the Data Processing Department?Alfred, owner of Hi-Tech Fiberglass Fabricators, Inc.
Corporate financial analyst : Therese Andrews has just been hired as a corporate financial analyst and has received her first assignment. Therese is to take the $5 million in cash
Organizational stakeholders to assess organization culture : Assume you have been asked by organizational stakeholders to assess your organization's culture.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Discuss the credit manager prepared an aging schedule

The credit manager prepared an aging schedule of accounts receivable and estimates that $3,000 will prove to be uncollectible

  What is the cost of debt

What is the EBIT/TA rate when the firm's have equal EPS? What is the cost of debt? State the relationship between earnings per share and the level of EBIT

  Why do we spend so much of our resources fighting death

Why do we spend so much of our resources fighting death? What are the implications (for our economy, our resources) of a longer-lived population?

  Milner family importers sold goods to tung decorators

Milner Family Importers sold goods to Tung Decorators for $30,000 on November 1, 2010, accepting Tung's $30,000, 6-month, 6% note.

  Write about disclosure of an impairment loss

Disclosure of an Impairment loss - Subject Corporate accounting and reporting Referencing: Harvard Angelia

  Disadvantages of market-based indicators

Please comment and discuss. For example, what advantages or disadvantages of market-based indicators for making investment (bonds, loans, stock) decisions?

  Determine the cost of the merchandise

Determine the cost of the merchandise sold for each sale and the inventory balance after each sale, presenting the data in the form.

  Discuss the straight-line method for depreciation

Prepare the depreciation table for XYZ's truck, assuming that the company uses the straight-line method for depreciation

  Prepare the journal entry to record the sale

Assume that Coastal sold the remaining 1,000 shares of treasury stock at $19 per share. Prepare the journal entry to record the sale of this treasury stock

  What is the after-tax return on bill corporate bonds

Answer the following: What is the after-tax return on Bill's corporate bonds for the current year? What is the after-tax return on his municipal bonds for the current year? Which investment earns more returns: corporate or municipal bonds

  Identify all of the operational behavioral and ethical issue

Briefly summarize the relevant facts of the case. Identify all of the operational, behavioral, ethical and accounting issues that are important in the case. You will have multiple issues in each category.

  Fair value of the equipment

Circle Co. purchased a piece of equipment by paying $10,000 cash. Circle Co. also incurred a shipping cost of $600 to get the equipment back to its factory. The fair value of this equipment is $11,000. For what amount should Circle Co. record the ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd