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Answer the Following Questions Using the Information Below

Question 146

Multiple Choice

Answer the following questions using the information below:
The Sarasota Corporation manufactures two types of vacuum cleaners, the Victor for commercial building use and the House-Mate for residences. Budgeted and actual operating data for the year 2012 were as follows:
Answer the following questions using the information below: The Sarasota Corporation manufactures two types of vacuum cleaners, the Victor for commercial building use and the House-Mate for residences. Budgeted and actual operating data for the year 2012 were as follows:      -What is the total static-budget variance in terms of the contribution margin? A) $900,000 favorable B) $700,000 favorable C) $200,000 unfavorable D) $360,000 unfavorable Answer the following questions using the information below: The Sarasota Corporation manufactures two types of vacuum cleaners, the Victor for commercial building use and the House-Mate for residences. Budgeted and actual operating data for the year 2012 were as follows:      -What is the total static-budget variance in terms of the contribution margin? A) $900,000 favorable B) $700,000 favorable C) $200,000 unfavorable D) $360,000 unfavorable
-What is the total static-budget variance in terms of the contribution margin?


A) $900,000 favorable
B) $700,000 favorable
C) $200,000 unfavorable
D) $360,000 unfavorable

Correct Answer:

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