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

Author Question: Capity Tea Products has an exclusive contract with British Distributors. Calamine and Capity are two ... (Read 23 times)

asmith134

  • Hero Member
  • *****
  • Posts: 576
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by asmith134 on Mar 6, 2021

xiaomengxian

  • Sr. Member
  • ****
  • Posts: 311
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 35% of students answer this correctly




asmith134

  • Member
  • Posts: 576
Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review


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

 

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

For a complete list of videos, visit our video library