Question #$3$

Easy Spice Producers Ltd$.$ produce three products, HD$250,$ HP$450,$ and HC$650.$ The following budgeted and actual results were extracted from the company$$s records for the month of January $2017$:

Budgeted Results

Product Total Sales $ Volume$/$units Price $ Contribution margin per unit $ Total contribution margin $

HD$250612,0005101,200510260,100$

HP$450672,0004801,400600288,000$

HC$650561,0005101,100470239,700$

$1,845,0001,500787,800$

Actual Results

Product Total Sales $ Volume$/$units Price $ Contribution margin per unit $ Total contribution margin $

HD$250625,0005001,250570285,000$

HP$450759,0005501,380530291,500$

HC$650720,0006001,200500300,000$

$2,104,0001,650876,500$

Required:

$($a$)$ Sales margin price variance.

$($b$)$ Sales margin mixture variance.

$($c$)$ Sales margin volume variance.

$($d$)$ Sales margin quantity variance.

$($e$)$ Total sales margin variance.