Please help me with show all calculation thanku Problem 18.31Contribution Margin Variance, Contribution Margin Volume Variance, Sales Mix VarianceHaysbert Company provides management services for apartments and rental units. In general, Haysbert packages its services into two groups: basicand complete. The basic package includes advertising vacant units, showing potential renters through them, and collecting monthly rent and remitting itto the owner. The complete package adds maintenance of units and bookkeeping to the basic package. Packages are priced on a per-rental unit basis.Actual results from last year are as follows:Sales (rental units)Selling priceVariable expensesHaysbert had budgeted the following amounts:Sales (units)Selling priceVariable expensesBasic$2,000$140$85Required:1. Calculate the contribution margin variance.$ 4670 FavorableFavorableComplete400$300$240Basic Complete460$290$2421,950$145$902. Calculate the contribution margin volume variance. Round the budgeted average unit contribution margin to four decimal places. Round your finalanswer to the nearest cent.$ 536.6 Unfavorable3. Calculate the sales mix variance. Round the budgeted average unit contribution margin to four decimal places. Round your final answer to thenearest cent.

When the actual sales mix deviates from the projected mix, the effect on overall profitability is…

Answered: Basic 2,000 $140 $85 Complete 400 $300…

Basic 2,000 $140 $85 Complete 400 $300 $240 Sales (rental units) Selling price Variable expenses aysbert had budgeted the following amounts:

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter18: Pricing And Profitability Analysis

Section: Chapter Questions

Problem 31P: Haysbert Company provides management services for apartments and rental units. In general, Haysbert...

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