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 |