Exercise 17-26 (Algo) Industry Volume and Market Share Variances (LO 17-3) Appoline Juices budgeted sales of 88,140 units of Grape, assuming that the company would have 30 percent of 293,800 units sold im a particular market. The actual results were 80,470 units sold by Appoline, which represented a 26 percent share of the total market. The budgeted contribution margin is $11.00 per unit. Required: Compute the sales activity variance, and break it down into market share variance and the industry volume variance. Note: Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option. Sales activity variance Market share variance Industry volume variance

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Exercise 17-26 (Algo) Industry Volume and Market Share Variances (LO 17-3)
Appoline Juices budgeted sales of 88,140 units of Grape, assuming that the company would have 30 percent of 293,800 units sold in
a particular market. The actual results were 80,470 units sold by Appoline, which represented a 26 percent share of the total market.
The budgeted contribution margin is $11.00 per unit.
Required:
Compute the sales activity variance, and break it down into market share variance and the industry volume variance,
Note: Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select
either option.
Sales activity variance
Market share variance
Industry volume variance
Transcribed Image Text:Exercise 17-26 (Algo) Industry Volume and Market Share Variances (LO 17-3) Appoline Juices budgeted sales of 88,140 units of Grape, assuming that the company would have 30 percent of 293,800 units sold in a particular market. The actual results were 80,470 units sold by Appoline, which represented a 26 percent share of the total market. The budgeted contribution margin is $11.00 per unit. Required: Compute the sales activity variance, and break it down into market share variance and the industry volume variance, Note: Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option. Sales activity variance Market share variance Industry volume variance
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