Calculate the mix and quantity variance for data

Assignment Help Financial Accounting

Reference no: EM132704

Question :

AAA Electronics sells two models of tablet computers. The budgeted price per unit for the wireless model is $120 and the budgeted price per unit for the wireless and cellular model is $260. The master budget called for sales of 20,000 wireless models and 5,000 wireless and cellular models through the current year. Actual results showed sales of 15,000 wireless models, with a price of $125 per unit, and 8,000 cellular and wireless models, with a price of $250 per unit. The standard variable cost per unit is $50 for a wireless model and $100 for a wireless and cellular model.

(a) Calculate the activity variance for these data.

(b) Calculate the mix and quantity variance for these data.

Reference no: EM132704

Questions Cloud

Evaluate managements discussion and analysis : Evaluate managements discussion and analysis

Determine the provided expressions : Determine the provided expressions using the a, b, and c from your birth date.

What does freddy have to expect in court : What does Freddy have to expect in court.

What are the estate tax consequences of these transactions : What are the estate tax consequences of these transactions

Calculate the mix and quantity variance for data : Calculate the mix and quantity variance for data

Evaluate the amount of the shortfall : Evaluate the amount of the shortfall

Financial management and accounting processes : Financial management and accounting processes

Evaluate the income statement : Evaluate the Income Statement

Calculate the operating income for the olive oil division : Calculate the operating income for the olive oil division using a transfer price of $4.60.

User Account

All Pages