TCO 6) The following are relevant data for calculating sales variances for Lumbe

Question

TCO 6) The following are relevant data for calculating sales variances for Lumber Co., which sells its sole product in two countries.

The sales volume variance for John and Quincy is

(Points : 11)                                        $130 U.
                                        $120 U.
                                        $30 F.
                                        $150 F.

John   Quincy   Total Budgeted selling price per unit $6.00 $10.00 NA Budgeted variable cost per unit   3.00 7.50 NA Budgeted contribution margin per unit $3.00 $ 2.50 NA Budgeted unit sales 300 200 500 Budgeted mix percentage 60% 40% 100% Actual units sold 260 260 520 Actual selling price per unit $6.00 $9.50 NA

Explanation / Answer

Ans:

$30F

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