27) Winston Co

Winston Co. had two products code named X and Y, The rm had the following budget for August: Product X Product Y Total Sales $336,000 $520,000 $856,000 Variable Costs 206,000 250,000 466,000 Contribution Margin $130,000 $260,000 $390,000 Fixed costs 59,999 108,000 158,000 Operating Income $ 80,000 $152,000 $232,000 Selling Price per unit $ 100 $ 50 On September 1, the following actual operating results for August were reported: Product X Product Y Total Sales $359,999 $549,999 $899,999 Variable Costs 193,000 216, 000 409,000 Contribution Margin $157,000 $324,000 $481,000 Fixed costs 50,000 108,000 158,000 Operating Income $107,000 $216,000 $323,000 Units Sold 3,999 9,999 Total industry volume for both products X and Y was estimated to be 130,000 units at the time ofthe budget. Actual industry volume for the period for products X and Y was 100,000 units. The weighted-average budgeted contribution margin per unit is