QUESTION 6 Remote Company manufactures remote control devices for electronic equipment. The following information was collected during June: Actual market size (units) 23,750 Budgeted market size (units) 20,000 Actual market share 34% Budgeted market share 32% Budgeted selling price Actual selling price Budgeted cont. margin per unit Actual cont. margin per unit What is the company's market-size variance? O $4,800 F O $2,400 F O $2,400 U O $3,200 U $12.00 $10.50 $4.00 $3.00

Financial & Managerial Accounting
13th Edition
ISBN:9781285866307
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter20: Variable Costing For Management Analysis
Section: Chapter Questions
Problem 20.3CP
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QUESTION 6
Remote Company manufactures remote control devices for electronic equipment. The following information was collected during June:
Actual market size (units)
23,750
Budgeted market size (units)
20,000
Actual market share
34%
Budgeted market share
32%
Budgeted selling price
$12.00
Actual selling price
$10.50
$4.00
$3.00
Budgeted cont. margin per unit
Actual cont. margin per unit
What is the company's market-size variance?
O $4,800 F
$2,400 F
O $2,400 U
$3,200 U
Transcribed Image Text:QUESTION 6 Remote Company manufactures remote control devices for electronic equipment. The following information was collected during June: Actual market size (units) 23,750 Budgeted market size (units) 20,000 Actual market share 34% Budgeted market share 32% Budgeted selling price $12.00 Actual selling price $10.50 $4.00 $3.00 Budgeted cont. margin per unit Actual cont. margin per unit What is the company's market-size variance? O $4,800 F $2,400 F O $2,400 U $3,200 U
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