The Octova Corporation Manufactures Two Types of Vacuum Cleaners: the ZENITH

question 84

Essay

The Octova Corporation manufactures two types of vacuum cleaners: the ZENITH for commercial building use and the House-Helper for residences.Budgeted and actual operating data for the year 20X5 are as follows:
$$\begin{array}{l}\begin{array} { l r r r } \text { Static Budget } & \text { Zenith } & \text { House-Helper } & \text { Total } \\\text { Number sold } & 20,000 & 80,000 & 100,000 \\\text { Contribution margin } & \$ 4,600,000 & \$ 15,200,000 & \$ 19,800,000\end{array}\\\\\begin{array} { l r r r } \text { Actual Results } & \text { Zenith } & \text { House-Helper } & \text { Total } \\\text { Number sold } & 21,500 & 64,500 & 86,000 \\\text { Contribution margin } & \$ 6,665,000 & \$ 14,190,000 & \$ 20,855,000\end{array}\end{array}$$ Required:
Compute the sales-mix variance and the sales-quantity variance by type of vacuum cleaner,and in total.(in terms of the contribution margin)

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Definitions:

Genetically Modified Food

Food derived from organisms whose DNA has been modified using genetic engineering techniques, often to enhance yield, resistance to pests, or nutritional value.

Genetically Modified Organisms

Organisms whose genetic material has been artificially manipulated through genetic engineering techniques.

Life Extension

The practice of attempting to extend human life, either by increasing the maximum lifespan or the average lifespan, through medical, technological, or lifestyle changes.

Aging

The process of becoming older, characterized by gradual deterioration of physical and cognitive function over time.