Winston Company had two products code named X and Y. The firm had the following...
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Winston Company had two products code named X and Y The firm had the following budget for August: Product X Product Y Total Sales $ $ $ Variable Costs Contribution Margin $ $ $ Fixed costs Operating Income $ $ $ Selling Price per unit $ $ On September the following actual operating results for August were reported: Product X Product Y Total Sales $ $ $ Variable Costs Contribution Margin $ $ $ Fixed costs Operating Income $ $ $ Units Sold Total industry volume for both products X and Y was estimated to be units at the time of the budget. Actual industry volume for the period for products X and Y was units. The contribution margin sales volume variance for Product X is: Multiple Choice
Winston Company had two products code named X and Y The firm had the following budget for August:
Product X Product Y Total
Sales $ $ $
Variable Costs
Contribution Margin $ $ $
Fixed costs
Operating Income $ $ $
Selling Price per unit $ $
On September the following actual operating results for August were reported:
Product X Product Y Total
Sales $ $ $
Variable Costs
Contribution Margin $ $ $
Fixed costs
Operating Income $ $ $
Units Sold
Total industry volume for both products X and Y was estimated to be units at the time of the budget. Actual industry volume for the period for products X and Y was units.
The contribution margin sales volume variance for Product X is:
Multiple Choice
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