Answer the following questions using the information below:
The Sarasota Corporation manufactures two types of vacuum cleaners, the Victor for commercial building use and the House-Mate for residences. Budgeted and actual operating data for the year 2012 were as follows:
-What is the total sales-quantity variance in terms of the contribution margin?
Definitions:
November
The eleventh month of the year in the Gregorian calendar.
Cost of Goods Sold
The direct costs attributable to the production of the goods sold by a company; includes the cost of materials and labor directly used to create the product.
Production
The act of producing products and offerings.
Finished Goods
Products that have completed the manufacturing process but have not yet been sold or distributed to customers.
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