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Accounting Assignment | Custom Assignment Help

Author:
October 4th, 2019

A company uses a standard costing system. The company’s sales budget for the latest period includes 1,500 units of a product with a selling price of $400 per unit. The product

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has a budgeted contribution to sales ratio of 30%. Actual sales for the period were 1,630 units at a selling price of $390 per unit. The actual contribution to sales ratio was 28%.

The sales volume contribution variance for the product for the latest period is:

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  • A $15,600 F
  • B $52,000 F
  • C $14,560 F
  • D $14,196 F

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