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Business, 03.05.2021 14:40 limelight11

Winston Co. had two products code named X and Y. The firm had the following budget for August: Product X Product Y Total Sales $ 312,500 $ 500,000 $ 812,500 Variable Costs 200,000 250,000 450,000 Contribution Margin $ 112,500 $ 250,000 $ 362,500 Fixed costs 50,000 108,000 158,000 Operating Income $ 62,500 $ 142,000 $ 204,500 Selling Price per unit $ 100 $ 50 On September 1, the following actual operating results for August were reported: Product X Product Y Total Sales $ 330,000 $ 520,000 $ 850,000 Variable Costs 182,000 208,000 390,000 Contribution Margin $ 148,000 $ 312,000 $ 460,000 Fixed costs 50,000 108,000 158,000 Operating Income $ 98,000 $ 204,000 $ 302,000 Units Sold 3,000 9,000 Total industry volume for both products X and Y was estimated to be 130,000 units at the time of the budget. Actual industry volume for the period for products X and Y was 100,000 units. The firm's total sales quantity variance for the period is:

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Winston Co. had two products code named X and Y. The firm had the following budget for August: Produ...
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