Contribution Margin Variance, Contribution Margin Volume Variance, Sales Mix Variance Gasconia Company produces three models of a product. Actual results from last year are as follows: 11eb6eba_1cc8_8e76_b349_6312471ae3cf_SM1590_00 Gasconia had budgeted the following amounts: 11eb6eba_1cc8_8e77_b349_e5b2abb1eb01_SM1590_00 Required: 1. Calculate the contribution margin variance. 2. Calculate the contribution margin volume variance. 3. Calculate the sales mix variance.

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

Edition 1ISBN: 978-0538736787

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

Edition 1ISBN: 978-0538736787

Exercise 30

Contribution Margin Variance, Contribution Margin Volume Variance, Sales Mix Variance
Gasconia Company produces three models of a product. Actual results from last year are as follows:

Gasconia had budgeted the following amounts:

Required:
1. Calculate the contribution margin variance.
2. Calculate the contribution margin volume variance.
3. Calculate the sales mix variance.

Explanation

Verified

1)
Compute variance of contribution mar...