Question Details

What is the budgeted contribution margin per composite unit 


THE FOLLOWING INFORMATION APPLIES TO QUESTIONS 1 THROUGH 3.
Edna- Flowering Plants provides the following information for the month of May:

		Actual	Budget
		Tulips	Geraniums	Tulips	Geraniums
	Sales in units	1,950	1,800	2,250	1,500
	Contribution margin per unit	$11	$18	$10	$20

1.	What is the budgeted contribution margin per composite unit for the actual mix?
	a.	$13.80
	b.	$14.00
	c.	$14.36
	d.	$14.80

	
2. 	What is the budgeted contribution margin per composite unit for the budgeted mix?
	a.	$13.80
	b.	$14.00
	c.	$14.36
	d.	$14.80

	
3.	For May, Edna will report
	a.	a favorable sales-mix variance.
	b.	an unfavorable sales-mix variance.
	c.	a favorable sales-volume variance.
	d.	an unfavorable sales-volume variance.




Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help