CoursHeroTranscribedText: Coronado Floors produces a variety of tiles used for kitchen flooring. Two of Coronado...

90.2K

Verified Solution

Question

Accounting

image
CoursHeroTranscribedText: Coronado Floors produces a variety of tiles used for kitchen flooring. Two of Coronado Floors lines are particularly popular with local home builders. The standard grade is a 6-inch (15 cm) square, high-glass tile. The high grade is an 8-inch (20 cm) square tile with a rough sandstone finish. When the housing market gets tight, home builders use more of the standard grade to keep the overall cost of the house lower. The following information is available for sales during the last six-month period. Standard Contribution Actual Contribution Standard Price Margin Standard Volume Actual Price Margin Actual Volume 6-inch $24/case $9.60 238,000 $22/case $5.90 214,200 8-inch $66/case $36.00 47,600 $61/case $33.00 61,880 Calculate the contribution margin sales mix variance. (Enter all amounts as positive.) Sales Mix Variance 6-inch 8-inch

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students