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 $ 70 $ 70 $ 90 $ 96 Variable cost per pound 20 35 36 52 Sales (in pounds) 4,600 4,600 4,510 6,760 The total market was estimated to be 76,000 pounds at the time of budget. The actual total market for the year is 71,000 pounds. What is ET's sales quantity variance?
a. $32,225 favorable.
b. $33,185 favorable.
c.$36,225 favorable.
d. $37,665 favorable.
e. $49,185 favorable.
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