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56. Broha Company manufactured 1,500 units of its only product during 2016. The inputs for
this production are as follows:
450 pounds of Material A at a cost of $1.50 per pound
300 pounds of Material H at a cost of $2.75 per pound
300 direct labor hours at $20 per hour
The firm manufactured 1,800 units of the same product in 2015 with the following inputs:
500 pounds of Material A at a cost of $1.20 per pound
360 pounds of Material H at a cost of $2.50 per pound
400 direct labor hours at $18 per hour
Round all calculations to two significant digits.
The total productivity ratio in 2015 is:
57. Creepers, Inc., manufactures stuffed spiders and mummies. During September the
following information was gathered:
Spiders Mummies
Units sold 6,900 3,100
Budgeted sales (units) 7,500 2,500
Contribution margin per unit:
Actual $3.75 $5.75
Budgeted $2.75 $5.25
What is the sales mix variance for Spiders?
58. Creepers, Inc., manufactures stuffed spiders and mummies. During September the
following information was gathered:
Spiders Mummies
Units sold 6,900 3,100
Budgeted sales (units) 7,500 2,500
Contribution margin per unit:
Actual $3.75 $5.75
Budgeted $2.75 $5.25
What is the sales quantity variance for Spiders?
59. Creepers, Inc., manufactures stuffed spiders and mummies. During September the
following information was gathered:
Spiders Mummies
Units sold 6,900 3,100
Budgeted sales (units) 7,500 2,500
Contribution margin per unit:
Actual $3.75 $5.75
Budgeted $2.75 $5.25
What is the sales volume variance for Spiders?
60. Nappon Co. has two products named X and Y. The firm had the following master budget
for the year just completed:
Product X Product Y Total
Sales $260,000 360,000 $620,000
Variable Costs 156,000 180,000 336,000
Contribution Margin $104,000 $180,000 $284,000
Fixed Costs 130,000 108,000 238,000
Operating Income ($26,000) $72,000 $46,000
Selling Price per unit $130.00 $60.00
The following actual operating results were reported after the year was over:
Product X Product Y Total
Sales $202,500 $467,500 $670,000
Variable Costs 117,000 212,500 329,500
Contribution Margin $85,500 $255,000 $340,500
Fixed Costs 140,000 108,000 248,000
Operating Income ($54,500) $147,000 $92,500
Units Sold 1,500 8,500
The contribution margin sales volume variance for Product X is:
61. Nappon Co. has two products named X and Y. The firm had the following master budget
for the year just completed:
Product X Product Y Total
Sales $260,000 360,000 $620,000
Variable Costs 156,000 180,000 336,000
Contribution Margin $104,000 $180,000 $284,000
Fixed Costs 130,000 108,000 238,000
Operating Income ($26,000) $72,000 $46,000
Selling Price per unit $130.00 $60.00
The following actual operating results were reported after the year was over:
Product X Product Y Total
Sales $202,500 $467,500 $670,000
Variable Costs 117,000 212,500 329,500
Contribution Margin $85,500 $255,000 $340,500
Fixed Costs 140,000 108,000 248,000
Operating Income ($54,500) $147,000 $92,500
Units Sold 1,500 8,500
The selling price variance for Product × is:
62. Nappon Co. has two products named X and Y. The firm had the following master budget
for the year just completed:
Product X Product Y Total
Sales $260,000 360,000 $620,000
Variable Costs 156,000 180,000 336,000
Contribution Margin $104,000 $180,000 $284,000
Fixed Costs 130,000 108,000 238,000
Operating Income ($26,000) $72,000 $46,000
Selling Price per unit $130.00 $60.00
The following actual operating results were reported after the year was over:
Product X Product Y Total
Sales $202,500 $467,500 $670,000
Variable Costs 117,000 212,500 329,500
Contribution Margin $85,500 $255,000 $340,500
Fixed Costs 140,000 108,000 248,000
Operating Income ($54,500) $147,000 $92,500
Units Sold 1,500 8,500
The sales quantity variance for Product X is:
63. Nappon Co. has two products named X and Y. The firm had the following master budget
for the year just completed:
Product X Product Y Total
Sales $260,000 360,000 $620,000
Variable Costs 156,000 180,000 336,000
Contribution Margin $104,000 $180,000 $284,000
Fixed Costs 130,000 108,000 238,000
Operating Income ($26,000) $72,000 $46,000
Selling Price per unit $130.00 $60.00
The following actual operating results were reported after the year was over:
Product X Product Y Total
Sales $202,500 $467,500 $670,000
Variable Costs 117,000 212,500 329,500
Contribution Margin $85,500 $255,000 $340,500
Fixed Costs 140,000 108,000 248,000
Operating Income ($54,500) $147,000 $92,500
Units Sold 1,500 8,500
The contribution margin sales volume variance for Product Y is:
64. Nappon Co. has two products named X and Y. The firm had the following master budget
for the year just completed:
Product X Product Y Total
Sales $260,000 360,000 $620,000
Variable Costs 156,000 180,000 336,000
Contribution Margin $104,000 $180,000 $284,000
Fixed Costs 130,000 108,000 238,000
Operating Income ($26,000) $72,000 $46,000
Selling Price per unit $130.00 $60.00
The following actual operating results were reported after the year was over:
Product X Product Y Total
Sales $202,500 $467,500 $670,000
Variable Costs 117,000 212,500 329,500
Contribution Margin $85,500 $255,000 $340,500
Fixed Costs 140,000 108,000 248,000
Operating Income ($54,500) $147,000 $92,500
Units Sold 1,500 8,500
The selling price variance for Product Y is:
65. Nappon Co. has two products named X and Y. The firm had the following master budget
for the year just completed:
Product X Product Y Total
Sales $260,000 360,000 $620,000
Variable Costs 156,000 180,000 336,000
Contribution Margin $104,000 $180,000 $284,000
Fixed Costs 130,000 108,000 238,000
Operating Income ($26,000) $72,000 $46,000
Selling Price per unit $130.00 $60.00
The following actual operating results were reported after the year was over:
Product X Product Y Total
Sales $202,500 $467,500 $670,000
Variable Costs 117,000 212,500 329,500
Contribution Margin $85,500 $255,000 $340,500
Fixed Costs 140,000 108,000 248,000
Operating Income ($54,500) $147,000 $92,500
Units Sold 1,500 8,500
The sales quantity variance for Product Y is:
66. Winston Co. had two products code named X and Y. The firm had the following budget for
August:
Product X Product Y Total
Sales $286,000 520,000 $806,000
Variable Costs 189,800 218,400 408,200
Contribution Margin $96,200 $301,600 $397,800
Fixed Costs 50,000 108,000 158,000
Operating Income $46,200 $193,600 $239,800
Selling Price per unit $110.00 $50.00
On September 1, the following actual operating results for August were reported:
Product X Product Y Total
Sales $360,000 $540,000 $900,000
Variable Costs 195,000 216,000 411,000
Contribution Margin $165,000 $324,000 $489,000
Fixed Costs 50,000 108,000 158,000
Operating Income $115,000 $216,000 $331,000
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 contribution margin sales volume variance for Product X is:
67. Winston Co. had two products code named X and Y. The firm had the following budget for
August:
Product X Product Y Total
Sales $286,000 520,000 $806,000
Variable Costs 189,800 218,400 408,200
Contribution Margin $96,200 $301,600 $397,800
Fixed Costs 50,000 108,000 158,000
Operating Income $46,200 $193,600 $239,800
Selling Price per unit $110.00 $50.00
On September 1, the following actual operating results for August were reported:
Product X Product Y Total
Sales $360,000 $540,000 $900,000
Variable Costs 195,000 216,000 411,000
Contribution Margin $165,000 $324,000 $489,000
Fixed Costs 50,000 108,000 158,000
Operating Income $115,000 $216,000 $331,000
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 selling price variance for Product X is:
