Question: this is just one full question Robinson Company has two products, A and B. Robinson's budget for August follows: Sales Variable cost Contribution margin Fixed

 this is just one full question Robinson Company has two products,

this is just one full question

Robinson Company has two products, A and B. Robinson's budget for August follows: Sales Variable cost Contribution margin Fixed cost Operating income Selling price Master Budget Product A Product B $300,000 $350,000 180,000 210,000 $120,000 $140,000 90,000 70,000 $ 30,000 $ 70,000 $ 100 $ 50 On September 1, these operating results for August were reported: Sales Variable cost Contribution margin Fixed cost Operating income Units sold Operating Results Product A Product B $178,500 $436,800 115,500 277,200 $ 63,000 $159,600 90,000 70,000 $(27,000) $ 89,600 2,100 8,400 Required: 1. For each product, determine the following variances measured in dollars of contribution margin: Product A Product B a. Flexible-budget variance Sales volume variance Sales quantity variance Sales mix variance oo

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!