Matties Vineyards is a producer and wholesaler of three varieties of white wine. Sales data for November
Question:
Required
a. Compute the sales price variance for all three wines.
b. Compute the activity variance for Matties Vineyards for the year.
c. Compute the mix and quantity variances for Matties Vineyards for theyear.
Transcribed Image Text:
Sauvignon Blanc Total Budgeted selling price Budgeted variable cost Budgeted selling quantity Actual selling price. . Actual variable cost . . Actual selling quantity .. $7.00 $5.00 10,400 $7.25 $5.10 8.000 Chardonnay Riesling $6.75 $4.76 11,700 $7.10 $5.10 11,000 $8.25 $6.00 3,900 $8.10 $6.10 6,000 26,000 25,000
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Related Book For
Fundamentals of Cost Accounting
ISBN: 978-0077398194
3rd Edition
Authors: William Lanen, Shannon Anderson, Michael Maher
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