Acc315 Cost Accounting: 14-25 Variance analysis, multiple products Soda-King manufactures

Acc315 Cost Accounting 
14-25 Variance analysis, multiple products. 
Variance analysis, multiple products Soda-King manufactures and sells three soft drinks: Kola Limor, and Orlem. Budgeted and actual results for 2009 are as follows: 
Budget for 2009 Actual for 2009 
Selling Price Variable Cost per Carton Cartons Sold Selling Price Variable Cost per Carton Cartons Sold 
Kola $6.00 $4.00 400,000 $6.20 $4.50 480,000 
Limor $4.00 $2.80 600,000 $4.25 $2.75 900,000 
Orlem $7.00 $4.50 1,500,000 $6.80 $4.60 1,620,000 

Required: 
1. Compute the total sales-volume variance, the total sales-mix variance, and the total sales-quantity variance. (Calculate all variances in terms of contribution margin.) Show results for each product in your computations. 
2. What inferences can you draw from the variances computed in requirement 1?
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