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Author Question: The Fortise Corporation manufactures two types of vacuum cleaners, the Victor for commercial ... (Read 78 times)

burton19126

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The Fortise Corporation manufactures two types of vacuum cleaners, the Victor for commercial building use and the House-Mate for residences. Budgeted and actual operating data for the year 2017 were as follows:

Static BudgetVictorHouse-MateTotal
Number sold6,00024,00030,000
Contribution margin$1,580,000$3,140,000$4,720,000
Actual ResultsVictorHouse-MateTotal
Number sold5,00035,00040,000
Contribution margin$1,900,000$4,140,000$6,040,000

What is the total static-budget variance in terms of the contribution margin?
◦ $680,000 favorable
◦ $1,320,000 favorable
◦ $1,320,000 unfavorable
◦ $680,000 unfavorable


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Marked as best answer by burton19126 on Mar 6, 2021

billybob123

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burton19126

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Reply 2 on: Mar 6, 2021
Excellent


atrochim

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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