Margot's Ice Cream operates several stores in a major metropolitan city and its suburbs. Its...
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Margot's Ice Cream operates several stores in a major metropolitan city and its suburbs. Its budget and operating data for the current year follow: Flavor Vanilla Chocolate Strawberry Anchovy Gallons 288,000 360,000 240,000 72,000 Budgeted Data Selling Variable Price per costs per Gallon Gallon $1.65 $0.95 2.30 1.40 2.20 1.10 3.30 1.80 Actual Operating Results Selling Variable Price per costs per Gallons Gallon Gallon 228,000 $1.50 $0.85 330,000 2.15 1.30 370,000 2.40 1.15 192,000 3.80 2.00 Required: 1. Compute these variances for the individual flavors and total quantity sold. (Do not round intermediate calculations.) a. b. Sales Mix Variance Sales Volume Variance Sales Quantity Variance Flavor Vanilla Chocolate Strawberry Anchovy Total
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