Welcome to Westonci.ca, the ultimate question and answer platform. Get expert answers to your questions quickly and accurately. Get accurate and detailed answers to your questions from a dedicated community of experts on our Q&A platform. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.
Sagot :
Answer: See explanation
Explanation:
Actual units sold = 86000
Budgeted units sold = 89000
Budgeted selling price = 59
Budgeted variable cost = 34
Budgeted contribution margin = 59 - 34 = 25
Budgeted market share = 20%
Acual industry volume = 334000
Standard units sold = 20% × 334000 = 66800
Sales activity variance:
= (Actual units sold - Budgeted units sold) × Budgeted contribution margin
= (86000 - 89000) × 25
= -3000 × 25
= 75000 Unfavorable
Market share variance will be:
= (86000 × 25) - (66800 × 25)
= 2150000 - 1670000
= 480000 Favorable
Industry volume variance:
= (66800 × 25) - (89000 × 25)
= 1670000 - 2225000
= 555000 Unfavorable
We appreciate your visit. Hopefully, the answers you found were beneficial. Don't hesitate to come back for more information. Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.