Question - Analyse the data given below and calculate the contribution margin volume variance.
Budgeted |
Actual |
Product A: Price $30 |
Product A: Price $30 |
Volume sold 1500 |
Volume sold: 1200 |
Variable cost per product A: $9 |
Variable cost per product A: $9 |
Product B: Price: $40 |
Product B: Price: $40 |
Volume sold 800 |
Volume sold 950 |
Variable cost per product: $20 |
Variable cost per product: $20 |