Gourmet Aroma Coffee House has an exclusive contract with Columbia exporters. Two brands of gourmet...
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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 $ 40 $ 60 $ 50 $ 56 Variable cost per pound 20 36 24 40 Sales (in pounds) 4,800 4,800 4,246 5,404 The total market was estimated to be 96,000 pounds at the time of budget. The actual total market for the year is 99,000 pounds. What is the firm's total sales quantity variance? (Do not round intermediate calculations.) A. 360 F B. 888 F C. 1,100 F D. 3,940 F E. 17,660 F
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