Kimball, Inc., produces and sells gel-filled ice packs. Kimballs performance report for August follows: Required: 1. Calculate
Question:
Required:
1. Calculate the contribution margin variance and the contribution margin volume variance.
2. Calculate the market share variance and the market sizevariance.
Transcribed Image Text:
Actual Budgeted Units sold Sales Variable costs 50,000 $350,000 225,000 $125,000 1,000,000 40,000 $290,000 190,000 S100,000 1,000,000 Contribution margin Market size (in units)
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Related Book For
Cost Management Accounting and Control
ISBN: 978-0324559675
6th Edition
Authors: Don R. Hansen, Maryanne M. Mowen, Liming Guan
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