### Calculate the contribution margin variance

Assignment Help Cost Accounting
##### Reference no: EM132608410

Nanerty Inc. produces two types of backpacks: basic and deluxe. The basic backpack sells for \$25 and the deluxe sells for \$100. Nanerty is budgeting sales for 2010 of 1,000 basic backpacks and 650 deluxe. Variable costs associated with the basic backpack amount to \$10 and \$40 for the deluxe. Actual units sold were 1,200 basic and 550 deluxe.

Required:

Question a. Calculate the contribution margin variance

Question b. Calculate the sales mix variance

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