The budgeted industry volume is 217.6 million units, and your company has market share of 0.25%. During the sales seaon, your company had an actual sales volume of 537831 units, and the industry had an actual sales volume of 249 million units. The following is apply to the sales your company made: Actual Budget Revenue: $2,470,000.00 $2,660,000.00 variable costs: $1,120,000.00 $1,220,000.00 fixed cost: $1,000,000.00 $1,050,000.00 Please prepare the market share variance and industry share variance

The budgeted industry volume is 217.6 million units, and your company has market share of 0.25%. During the sales seaon, your company had an actual sales volume of 537831 units, and the industry had an actual sales volume of 249 million units. The following is apply to the sales your company made: Actual Budget Revenue: $2,470,000.00 $2,660,000.00 variable costs: $1,120,000.00 $1,220,000.00 fixed cost: $1,000,000.00 $1,050,000.00 Please prepare the market share variance and industry share variance

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 9CE: Budgeted unit sales for the entire countertop oven industry were 2,500,000 (of all model types), and...

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