Joseph works in the accounting department of a local footwear manufacturer that specializes in clogs...
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Accounting
Joseph works in the accounting department of a local footwear manufacturer that specializes in clogs and boots. Clogs and boots typically sell for $ and $ per pair, respectively. Based on past experience, fashion trends, and seasonal shifts, the company expected to sell pairs of clogs and pairs of boots. The variable cost per pair was $ for clogs and $ for boots. At the end of the year, Joseph evaluated the company's sales and contribution margin amounts against the budget. Actual results for the year were as follows. Actual sales volume: clogs, ; boots, Actual selling price: clogs, $ per pair; boots, $ per pair. Actual perunit variable costs for each product were the same as budgeted. a Question Part Score b Your answer is partially correct. Calculate the company's sales price variance and comprehensive sales activity variance, specifying the amount and sign for each. Sales price variance $ Sales activity variance $
Joseph works in the accounting department of a local footwear manufacturer that specializes in clogs and boots. Clogs and boots typically sell for $ and $ per pair, respectively. Based on past experience, fashion trends, and seasonal shifts, the company expected to sell pairs of clogs and pairs of boots. The variable cost per pair was $ for clogs and $ for boots.
At the end of the year, Joseph evaluated the company's sales and contribution margin amounts against the budget. Actual results for the year were as follows.
Actual sales volume: clogs, ; boots,
Actual selling price: clogs, $ per pair; boots, $ per pair.
Actual perunit variable costs for each product were the same as budgeted.
a
Question Part Score
b
Your answer is partially correct.
Calculate the company's sales price variance and comprehensive sales activity variance, specifying the amount and sign for each.
Sales price variance
$
Sales activity variance
$
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