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Author Question: Capity Tea Products has an exclusive contract with British Distributors. Calamine and Capity are two ... (Read 43 times)

asmith134

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on: Mar 6, 2021
Capity Tea Products has an exclusive contract with British Distributors. Calamine and Capity are two brands of teas that are imported and sold to retail outlets. The following information is provided for the month of March:

ActualBudget
CalamineCapityCalamineCapity
Sales in pounds3850 lbs.3980 lbs.4500 lbs.3500 lbs
Price per pound$2.80$2.80$2.00$3.00
Variable cost per pound1.002.001.001.50
Contribution margin$1.80$0.80$1.00$1.50

Budgeted and actual fixed corporate-sustaining costs are $1,850 and $2,300, respectively.

For the contribution margin, what is the total static-budget variance?
◦ $6930 favorable
◦ $364 unfavorable
◦ $70 favorable
◦ $364 favorable
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Marked as best answer by asmith134 on Mar 6, 2021

xiaomengxian

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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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asmith134

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Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review

chereeb

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

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