TASK 3 - PC 4.3 Calculate sales mix and quantity variances (20 marks)

Ghaya LLC a producer of personal hygiene items for medical facilities has the following information relating to its sales:

	Units	Price
Actual Product A	14,900	6.20
Actual Product B	7,800	12.10
Actual	22,700
Budgeted Product A	13,000	5.90
Budgeted Product B	7,000	10.50
Budgeted	20,000

Required: Use the Actual and Budgeted Information to answer the following:

a)Calculate the Budgeted Product A Sales Mix in Percentage

b)Calculate the Budgeted Product B Sales Mix in Percentage

c)Calculate the Product A Actual Sales X Budgeted Mix

d)Calculate the Product B Actual Sales X Budgeted Mix

e)Calculate the Sales Mix Variance Sales mix variance (SMV) = (Actual Sales - Actual Sales at budgeted mix) x Budgeted price.

f)Calculate the Sales Quantity Variance Sales quantity variance = (Actual volume at budgeted mix - Budgeted volume) x Budgeted price