Beta Division of Gotham Industries, Inc., makes three products. Last month's budgeted and actual sales and margins
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Determine the gross margin mix, selling price, and sales volume variances. Calculate the net gross margin variance directly; then as a check see if it equals the sum of the three variance components you calculated individually.
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Budget Actual Unit Sales 3,200 1,700 ,100 10,000 Unit Margin $10.00 13.00 9.00 $10.00 Unit Sales Unit Margin 510.20 12.58 8.80 $10.20 Product 1 Product 2 Product 3 2,850 2,500 4,250 9,600
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Product 1 2 3 Total Bdgt Vol Bdgt Mix Bdgt Margin ...View the full answer
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Accounting Texts and Cases
ISBN: 978-1259097126
13th edition
Authors: Robert Anthony, David Hawkins, Kenneth Merchant
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