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What is ets contribution margin sales volume variance

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Question - Gourmet Aroma Coffee House has an exclusive contract with Columbia exporters. Two brands of gourmet coffee are imported, Morning Thunder (MT) and Evening Tender (ET). The following data are provided for the current fiscal year:

 

Budgeted

Operating Results

 

MT

ET

MT

ET

Price per pound

$30

$90

$40

$46

Variable cost per pound

10

35

37

53

Sales (in pounds)

3,300

3,300

3,260

5,000

The total market was estimated to be 73,000 pounds at the time of budget. The actual total market for the year is 68,000 pounds.

Required - What is ET's contribution margin sales volume variance?

Reference no: EM133014603

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