This topic contains a solution. Click here to go to the answer

Author Question: The Chair Company manufactures two modular types of chairs: one for the residential market, and the ... (Read 70 times)

@Brianna17

  • Hero Member
  • *****
  • Posts: 550
The Chair Company manufactures two modular types of chairs: one for the residential market, and the other for the office market. Budgeted and actual operating data for the year 2015 are: 

Static BudgetResidentialOfficeTotal
Number of chairs sold260,000140,000400,000
Contribution margin$26,000,000$11,200,000$37,200,000
Actual ResultsResidentialOfficeTotal
Number of chairs sold248,400165,600414,000
Contribution margin$22,356,000$13,248,000$35,604,000

Required: 
Compute the following variances in terms of contribution margin:
a.  Compute the total static-budget variance, the total flexible-budget variance, and the total sales-volume variance.
b.  Compute the sale-mix variance and the sales-quantity variance by type of chair, and in total.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by @Brianna17 on Mar 6, 2021

carolinefletcherr

  • Sr. Member
  • ****
  • Posts: 313
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly




@Brianna17

  • Member
  • Posts: 550
Reply 2 on: Mar 6, 2021
Wow, this really help


skipfourms123

  • Member
  • Posts: 343
Reply 3 on: Yesterday
Gracias!

 

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

For a complete list of videos, visit our video library