Author Question: The Fortise Corporation manufactures two types of vacuum cleaners, the Victor for commercial ... (Read 74 times)

ts19998 · **on:** Mar 6, 2021

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 Budget

Victor

House-Mate

Total

Number sold

6200

26,000

32,200

Contribution margin

$1,590,000

$3,170,000

$4,760,000

Actual Results

Victor

House-Mate

Total

Number sold

5300

37,000

42,300

Contribution margin

$1,400,000

$4,130,000

$5,530,000

What is the total flexible-budget variance in terms of the contribution margin? (Round intermediary calculations to the nearest dollar.)
◦ $340,800 favorable
◦ $1,356,800 favorable
◦ $340,800 unfavorable
◦ $4,514,000 unfavorable

xoxo123 · **Reply #1 on:** Mar 6, 2021

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