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Best Winery, is a small winery that sells three types of win…

Posted byAnonymous July 2, 2025July 2, 2025

Questions

Best Winery, is а smаll winery thаt sells three types оf wine- white, red, and ice wine. The fоllоwing is the budget and actual data for the most recent year:   Budget Actual Sales of White wine in bottles 20,000 14,000 Sales of Red wine in bottles 12,000 10,000 Sales of Ice wine in bottles 8,000 6,000 Selling price per bottle of White wine $25 $24 Selling price per bottle of Red wine $22 $25 Selling price per bottle of Ice wine $28 $30 Variable expense per bottle of White wine $16 $19 Variable expense per bottle of Red wine $18 $15 Variable expense per bottle of Ice wine $21 $20 Market volume of White wine in bottles 120,000 180,000 Market volume of Red wine in bottles 150,000 220,000 Market volume of Ice wine in bottles 80,000 60,000   Required Calculate the sales-price variance for Red wine Calculate the sales-volume variance for Ice wine Calculate the sales-quantity variance for White wine Calculate the sales-mix variance for Red wine Calculate the market-volume variance for Ice wine Calculate the market-share variance for White wine

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