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Winston Co  On September 1, the following actual operating results for August were reported: \text { On September 1, the following actual operating results for August were reported: }

question 133

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Winston Co. had two products code named X and Y. The firm had the following budget for August:  Product X  Product Y  Total  Sales $286,000$520,000$806,000 Variable Costs 189,800218,400408,200 Contribution Margin $96,200$301,600$397,800 Fixed costs 50,000108,000158,000 Operating Income $46,200$193,600$239,800 Selling Price per unit $110.00$50.00\begin{array}{lrrr} & \text { Product X } & \text { Product Y } & \text { Total } \\\text { Sales } & \$ 286,000 & \$ 520,000 & \$ 806,000 \\\text { Variable Costs } & 189,800 & 218,400 & 408,200\\\text { Contribution Margin } & \$ 96,200 & \$ 301,600 & \$ 397,800 \\\text { Fixed costs } & 50,000 & 108,000 & 158,000\\\text { Operating Income }&\$46,200&\$193,600&\$239,800\\\text { Selling Price per unit }&\$110.00&\$50.00\end{array}

 On September 1, the following actual operating results for August were reported: \text { On September 1, the following actual operating results for August were reported: }

 Product X  Product Y  Total  Sales $360,000$540,000$900,000 Variable Costs 195,000216,000411,000 Contribution Margin $165,000$324,000$489,000 Fixed costs 50,000108,000158,000 Operating Income $115,00$216,000$331,000 Units Sold 3,0009,000\begin{array}{lrrr} & \text { Product X } & \text { Product Y } & \text { Total } \\\text { Sales } & \$ 360,000 & \$ 540,000 & \$ 900,000 \\\text { Variable Costs } & 195,000 & 216,000 & 411,000\\\text { Contribution Margin } & \$ 165,000 & \$ 324,000 & \$ 489,000 \\\text { Fixed costs } & 50,000 & 108,000 & 158,000 \\\text { Operating Income }&\$115,00&\$216,000&\$331,000\\\text { Units Sold }&3,000&9,000\end{array} Total industry volume for both products X and Y was estimated to be 130,000 units at the time of the budget. Actual industry volume for the period for products X and Y was 100,000 units.

The sales quantity variance for Product X is:

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Definitions:

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A marketing strategy that promotes a product or service to consumers without them realizing they are being marketed to.

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A company that designs, manufactures, and/or sells electronic goods and devices, ranging from consumer electronics to specialized industrial equipment.

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Actions by a professional that are morally wrong and violate ethical codes, often leading to harm or disadvantage to others.

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