Cornerstones of Cost Accounting 1st Edition by Don Hansen,Maryanne Mowen

تمرين 24

CONTRIBUTION MARGIN VARIANCE, CONTRIBUTION MARGIN VOLUME VARIANCE, SALES MIX VARIANCE
Elburty Company provides management services for apartments and rental units. In general, Elburty packages its services into two groups: basic and complete. The basic package includes advertising vacant units, showing potential renters through them, and collecting monthly rent and remitting it to the owner. The complete package adds maintenance of units and bookkeeping to the basic package. Packages are priced on a perrental unit basis. Actual results from last year are as follows:

Elburty had budgeted the following amounts:

Required:
1. Calculate the contribution margin variance.
2. Calculate the contribution margin volume variance. (Round calculations to three decimal places.)
3. Calculate the sales mix variance. (Round calculations to three decimal places.)