Question: Exercise 11.14 Contribution margin variance analysis SJM Ltd has prepared the following income statement information showing the actual contribution margin earned from the sale of

 Exercise 11.14 Contribution margin variance analysis SJM Ltd has prepared the

Exercise 11.14 Contribution margin variance analysis SJM Ltd has prepared the following income statement information showing the actual contribution margin earned from the sale of its only product, and the planned contribution margin. Budget Sales unite 3300 Sales dollars $ 48000 4600 Variable . 255.00 9 Contribution margin $ 22400 $ 21300 Actual 3000 Required Calculate the sales price variance, the sales volume variance, and the variable expense variance. Report to your manager on what is revealed in the analysis. Sales price variance Actual Balget Difference Sales volume variance Actual Badget Difference Variable cost variance Actual Balget Difference $.$8. Actual Badget M DE S6 M The combined effects of favourable sales price variance, an uffavourable sales volume variance and an unfavourable variable S2 cost variance explain the net unfavourable overall contribution mypin of SIT000). The increase in the selling price is more than offset by the decrease in sales volume and further exacerbated by the increas 2 variabl 4 6 0 Sale 0 0 0 0 0 0 sts. 8 0 0 0 Exercise 11.14 Contribution margin variance analysis SJM Ltd has prepared the following income statement information showing the actual contribution margin earned from the sale of its only product, and the planned contribution margin. Budget Sales unite 3300 Sales dollars $ 48000 4600 Variable . 255.00 9 Contribution margin $ 22400 $ 21300 Actual 3000 Required Calculate the sales price variance, the sales volume variance, and the variable expense variance. Report to your manager on what is revealed in the analysis. Sales price variance Actual Balget Difference Sales volume variance Actual Badget Difference Variable cost variance Actual Balget Difference $.$8. Actual Badget M DE S6 M The combined effects of favourable sales price variance, an uffavourable sales volume variance and an unfavourable variable S2 cost variance explain the net unfavourable overall contribution mypin of SIT000). The increase in the selling price is more than offset by the decrease in sales volume and further exacerbated by the increas 2 variabl 4 6 0 Sale 0 0 0 0 0 0 sts. 8 0 0 0

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