In: Accounting
Kool King manufactures and sells soft drinks in three countries – Canada, Mexico, and the United States. The same product is sold in each market. Budgeted and actual results for 2010 (all in Canadian dollars) are as follows: Budget for 2010 |
Actual for 2010 |
||||||
Country |
Selling Price per Carton |
Variable Cost per Carton |
Units Sold (Cartons in Thousands) |
Selling Price Per Carton |
Variable Cost per Carton |
Units Sold (Cartons in Thousands) |
|
Canada |
$6.60 |
$4.00 |
400,000 |
$6.82 |
$4.50 |
450,000 |
|
Mexico |
$4.40 |
$2.80 |
600,000 |
$4.68 |
$2.75 |
840,000 |
|
United States 1) Compute Sales Volume Variance and Sales Quantity Variance Using Contribution Margin. Show all Calculations and Results for each Country!! |
$7.70 |
$4.50 |
1,500,000 |
$7.48 |
$4.60 |
1,710,000 |