The following budgeted and actual contribution statement is for a component sold by Jana, Inc. for July of this year:
Required:
a. Compute the sales price variance, the net sales volume variance, and the operating cost variance for July.
b. How would you evaluate the performance of Jana, Inc.'s manager?

Question

The following budgeted and actual contribution statement is for a component sold by Jana, Inc. for July of this year:
  Required:
a. Compute the sales price variance, the net sales volume variance, and the operating cost variance for July.
b. How would you evaluate the performance of Jana, Inc.'s manager?

Quizplus · Accepted Answer

The Answer of The following budgeted and actual contribution statement is for a component sold by Jana, Inc. for July of this year:
  Required:
a. Compute the sales price variance, the net sales volume variance, and the operating cost variance for July.
b. How would you evaluate the performance of Jana, Inc.'s manager?

The Following Budgeted and Actual Contribution Statement Is for a Component