Morgantown Avionics produces two types of altimeters, an Analog model and a Digital model. Budgeted and actual data for the two models are shown below:
Budgeted Amounts:

Actual Amounts:

Calculate:
a. Contribution margin variance
b. Budgeted average unit contribution margin
c. Contribution margin volume variance

Question

Morgantown Avionics produces two types of altimeters, an Analog model and a Digital model. Budgeted and actual data for the two models are shown below:
Budgeted Amounts:
 
 Actual Amounts:
  
Calculate:
a. Contribution margin variance
b. Budgeted average unit contribution margin
c. Contribution margin volume variance

Quizplus · Accepted Answer

The Answer of Morgantown Avionics produces two types of altimeters, an Analog model and a Digital model. Budgeted and actual data for the two models are shown below:
Budgeted Amounts:
 
 Actual Amounts:
  
Calculate:
a. Contribution margin variance
b. Budgeted average unit contribution margin
c. Contribution margin volume variance

Morgantown Avionics Produces Two Types of Altimeters, an Analog Model