A company uses standard marginal costing. Last month the standard contribution on actual sales was $10,000 and the following variances arose: Total variable costs variance Sales price variance Sales volume contribution variance $ 2,000 Adv 500 Fav 1,000 Adv What was the actual contribution for last month? $7,000 $8,000 $8,500 $7,500

A company uses standard marginal costing. Last month the standard contribution on actual sales was $10,000 and the following variances arose: Total variable costs variance Sales price variance Sales volume contribution variance $ 2,000 Adv 500 Fav 1,000 Adv What was the actual contribution for last month? $7,000 $8,000 $8,500 $7,500

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter18: Pricing And Profitability Analysis

Section: Chapter Questions

Problem 25E: Jasmine Companys expected sales were 2,000 units at 100 per unit. During 20x1, it had actual sales...

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