A company sells two products: microwaves and toaster ovens. The expected sales for microwaves were 3,000 units; 4,000 were sold. The budgeted selling price for microwaves was $78.00; however, the actual selling price was $87.00. The expected sales for toaster ovens were 2,500 units; 3,500 were sold. The budgeted selling price for toaster ovens was $112.00; however, the actual selling price was $112.00. Budgeted and actual variable costs were $43.00 per unit for the microwaves and $67.00 per unit for the toaster ovens. What is the total sales mix variance for the period?

Answer rating: 100% (QA)

To calculate the total sales mix variance we need to determine the budgeted sales mix and the actual ... View the full answer