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Author Question: The Chair Company manufactures two modular types of chairs: one for the residential market, and the ... (Read 32 times)

@Brianna17

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on: Mar 6, 2021
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.
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by @Brianna17 on Mar 6, 2021

carolinefletcherr

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Reply #1 on: Mar 6, 2021
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.
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@Brianna17

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Reply 2 on: Mar 6, 2021
Thanks for the timely response, appreciate it

sultansheikh

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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