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question archive The following are relevant data for calculating sales variances for Lumber Co

The following are relevant data for calculating sales variances for Lumber Co

Subject:AccountingPrice: Bought3

The following are relevant data for calculating sales variances for Lumber Co., which sells its sole product in two countries.John Quincy TotalBudgeted selling price per unit$6.00$10.00NABudgeted variable cost per unit 3.007.50NABudgeted contribution margin per unit$3.00$ 2.50NABudgeted unit sales300200500Budgeted mix percentage60%40%100%Actual units sold260260520Actual selling price per unit$6.00$9.50NAThe sales quantity variance for John and Quincy is a) $156 U. b) $30 F. c) $56 F. d) $100F.

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