Morgantown Avionics Produces Two Types of Altimeters, an Analog Model

question 50

Essay

Morgantown Avionics produces two types of altimeters, an Analog model and a Digital model. Budgeted and actual data for the two models are shown below:
Budgeted Amounts:

Actual Amounts:

Calculate:
a. Contribution margin variance
b. Budgeted average unit contribution margin
c. Contribution margin volume variance

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Definitions:

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