Question Details

What is the budgeted contribution margin 


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

		Actual	Budget
		Fuchsia	Dogwood	Fuchsia	Dogwood
	Sales in units	10,000	2,500	8,000	2,000
	Contribution margin per unit	$9	$7	$10	$8

1.	What is the budgeted contribution margin per composite unit for the actual mix?
	a.	$8.00
	b.	$8.60
	c.	$9.00
	d.	$9.60

	
2.	What is the budgeted contribution margin per composite unit for the budgeted mix?
	a.	$8.00
	b.	$8.60
	c.	$9.00
	d.	$9.60

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.




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