Question

EZ Toys’ Stuffed Animals Division has two products: cat and dog. Data on the two products...

EZ Toys’ Stuffed Animals Division has two products: cat and dog. Data on the two products for October are as follows.

cat

dog

Standard selling price

$20

$12

Standard variable cost

12

8

Budgeted sales quantity

2,500

7,500

Actual sales quantity

3,000

5,000

Required:

Determine the Stuffed Animals Division’s sales mix and sales quantity variances for October.

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