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Given the Following Data, What Is the Sales Mix Variance

question 32

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Given the following data, what is the sales mix variance for Rizzo Company?  Actual total sales $7,475 Budgeted total sales $7,500 Weighted unit contribution margin in the flexible budget $12 Weighted unit contribution margin in the master budget $8\begin{array} { l r } \text { Actual total sales } & \$ 7,475 \\\text { Budgeted total sales } & \$ 7,500 \\\text { Weighted unit contribution margin in the flexible budget } & \$ 12 \\\text { Weighted unit contribution margin in the master budget } & \$ 8\end{array}


Definitions:

Investment

The allocation of resources, such as capital or time, in the expectation of receiving future benefits such as income or growth.

Reciprocal Determinism

A concept in psychology positing that a person's behavior both influences and is influenced by personal factors and the social environment.

Cognitive Factors

Elements related to mental processes such as perception, memory, language, and problem-solving.

External Environment

All outside factors and influences that impact the operation, success, and decision-making processes of an organization or individual.

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