uestion

1. what is budget mix% for basic calculations? 2. what is the sales mix variance for deluxe calculator? 3. is the sales mix variance for basic calculators unfavorable? yes or no. 4. what is the sales quantity variance for basic calculators? 5. is the sales quantity variance for deluxe calculators favorable? 6. what is actual share% for cyclops calculators company? 7.what is the budjted average Contribution margin?. 8. what is the market share variance? 9. is the market size variance unfavorable?

Use the following information for the next 9 questions. Cyclops Calculator Company manufactures two models of calculators, a deluxe model and a basic model. Based on a projected market size of 25,000 calculators for 2020, Cyclops budgeted the following 2020 results: 3,000 Deluxe calculators sold @ a contribution margin of $100 each 4,500 Basto calculators sold @ a contribution margin of $50 each At the end of 2020 Cyclops noted that 22,000 calculators had been sold in their market area. The actual results for Cyclops were 2,772 Deluxe calculators sold @ $90 contribution margin per unit 3,388 Basic calculators sold @ $65 contribution margin per unit Use the following information for the next 9 questions. Cyclops Calculator Company manufactures two models of calculators, a deluxe model and a basic model. Based on a projected market size of 25,000 calculators for 2020, Cyclops budgeted the following 2020 results: 3,000 Deluxe calculators sold @ a contribution margin of $100 each 4,500 Basto calculators sold @ a contribution margin of $50 each At the end of 2020 Cyclops noted that 22,000 calculators had been sold in their market area. The actual results for Cyclops were 2,772 Deluxe calculators sold @ $90 contribution margin per unit 3,388 Basic calculators sold @ $65 contribution margin per unit