Winston Co.had two products code named X and Y.The firm had the following budget for August:
On September 1,the following operating results for August were reported:
Industry volume was estimated to be 120,000 units at the time of the budget.Actual industry volume for the period was 125,000 units.
The contribution margin sales volume variance for Product Y is:
A)$90,000 favorable
B)$16,000 unfavorable.
C)$30,000 favorable.
D)$72,800 favorable.
E)$84,000 favorable.

Question

Winston Co.had two products code named X and Y.The firm had the following budget for August: 
On September 1,the following operating results for August were reported: 
Industry volume was estimated to be 120,000 units at the time of the budget.Actual industry volume for the period was 125,000 units.
The contribution margin sales volume variance for Product Y is:
A)$90,000 favorable 
B)$16,000 unfavorable. 
C)$30,000 favorable. 
D)$72,800 favorable. 
E)$84,000 favorable.

Quizplus · Accepted Answer

The Answer of Winston Co.had two products code named X and Y.The firm had the following budget for August: 
On September 1,the following operating results for August were reported: 
Industry volume was estimated to be 120,000 units at the time of the budget.Actual industry volume for the period was 125,000 units.
The contribution margin sales volume variance for Product Y is:
A)$90,000 favorable 
B)$16,000 unfavorable. 
C)$30,000 favorable. 
D)$72,800 favorable. 
E)$84,000 favorable.