Actual Budgeted Units sold Sales Variable costs Contribution margin 290,000 S1,450,000 652,500 S 797,500 1,250,000 300,000 $1,515,000 636,300 S 878,700 1,200,000 Market size (in units) Required: 1. Calculate the contribution margin variance and the contribution margin volume variance. 2 Calculate the market share

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 32P: Sulert, Inc., produces and sells gel-filled ice packs. Sulerts performance report for April follows:...
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Problem 18.32
Contribution Margin Variance, Contribution Margin Volume Varlance, Market
Share Variance, Market Size Variance
Objective 5 - Compute the sales price, sales volume, contribution margin,
contribution margin volume, sales mix, market share, and market size
variances.
Sulert, Inc., produces and sells gel-filled ice packs.
Sulert's performance report for April follows:
СМА
Actual
Budgeted
Units sold
Sales
290,000
S1,450,000
652,500
$ 797,500
1,250,000
300,000
$1,515,000
636.300
S 878,700
Variable costs
Contribution margin
Market size (in units)
1,200,000
Required:
1. Calculate the contribution margin variance and the contribution margin volume
variance.
2. Calculate the market share variance and the market size variance. (CMA
adapted)
Transcribed Image Text:A Read aloud | V Draw Highlight Problem 18.32 Contribution Margin Variance, Contribution Margin Volume Varlance, Market Share Variance, Market Size Variance Objective 5 - Compute the sales price, sales volume, contribution margin, contribution margin volume, sales mix, market share, and market size variances. Sulert, Inc., produces and sells gel-filled ice packs. Sulert's performance report for April follows: СМА Actual Budgeted Units sold Sales 290,000 S1,450,000 652,500 $ 797,500 1,250,000 300,000 $1,515,000 636.300 S 878,700 Variable costs Contribution margin Market size (in units) 1,200,000 Required: 1. Calculate the contribution margin variance and the contribution margin volume variance. 2. Calculate the market share variance and the market size variance. (CMA adapted)
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