Ellen Corporation, established in 2009, is a high-tech enterprise doing production and sales of all kinds...

 

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Ellen Corporation, established in 2009, is a high-tech enterprise doing production and sales of all kinds of mobile accessories especially in the main line of lithium and polymer batteries, wireless power banks, wireless chargers and power banks. Ellen Corporation markets three different wireless power banks, i.e., WPB1, WPB2 and WPB3. Actual and budgeted operating data for Ellen Corporation's third quarter of 2021 are as follows: Unit selling price (Actual) WPB1 $182.5 WPB2 $144.0 WPB3 $55.0 Required: a. b. C. d. Unit selling Unit price (Budgeted) $187.0 $136.0 $72.0 variable cost (Actual) $87.5 $47.0 $37.5 Unit variable cost Sales unit(s) (Budgeted) (Actual) 10,120 32,200 49,680 $92.5 $48.0 $33.0 Sales unit(s) (Budgeted) 13,580 35,890 47,530 Calculate the total actual and budgeted contribution margins in dollars for each wireless power bank for the third quarter of 2021. Also calculate the total actual and budgeted contribution margins in dollars for the three wireless power banks for the third quarter of 2021. (4 marks) Calculate the actual and budgeted sales mixes in percentage for each wireless power bank for the third quarter of 2021. (3 marks) Calculate the sales-volume, sales-mix, and sales-quantity variances for each wireless power bank for the third quarter of 2021. Also calculate the total sales-volume, sales-mix, and sales-quantity variances for the three wireless power banks for the third quarter of 2021. (Calculate all variances in terms of contribution margins per unit.) (6 marks) Comment on your results in requirements a, b and c. (3 marks) Show ALL workings. Ellen Corporation, established in 2009, is a high-tech enterprise doing production and sales of all kinds of mobile accessories especially in the main line of lithium and polymer batteries, wireless power banks, wireless chargers and power banks. Ellen Corporation markets three different wireless power banks, i.e., WPB1, WPB2 and WPB3. Actual and budgeted operating data for Ellen Corporation's third quarter of 2021 are as follows: Unit selling price (Actual) WPB1 $182.5 WPB2 $144.0 WPB3 $55.0 Required: a. b. C. d. Unit selling Unit price (Budgeted) $187.0 $136.0 $72.0 variable cost (Actual) $87.5 $47.0 $37.5 Unit variable cost Sales unit(s) (Budgeted) (Actual) 10,120 32,200 49,680 $92.5 $48.0 $33.0 Sales unit(s) (Budgeted) 13,580 35,890 47,530 Calculate the total actual and budgeted contribution margins in dollars for each wireless power bank for the third quarter of 2021. Also calculate the total actual and budgeted contribution margins in dollars for the three wireless power banks for the third quarter of 2021. (4 marks) Calculate the actual and budgeted sales mixes in percentage for each wireless power bank for the third quarter of 2021. (3 marks) Calculate the sales-volume, sales-mix, and sales-quantity variances for each wireless power bank for the third quarter of 2021. Also calculate the total sales-volume, sales-mix, and sales-quantity variances for the three wireless power banks for the third quarter of 2021. (Calculate all variances in terms of contribution margins per unit.) (6 marks) Comment on your results in requirements a, b and c. (3 marks) Show ALL workings.

Answer rating: 100% (QA)

a Wireless power bank 1 WPB1 Actual contribution margin 1825 875 x 10120 1005000 Budgeted contribution margin 1870 925 x 13580 1311450 Wireless power bank 2 WPB2 Actual contribution margin 1440 470 x ... View the full answer