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What is the market-size variance

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What is the market-size variance THE FOLLOWING INFORMATION APPLIES TO QUESTIONS 1 THROUGH 3. Zorro Company manufactures remote control devices for garage doors. The following information was collected during June: Actual market size (units) 10,000 Actual market share 32% Actual average selling price $10.00 Budgeted market size (units) 11,000 Budgeted market share 30% Budgeted average selling price $11.00 Budgeted contribution margin per composite unit for budgeted mix $ 5.00 1. What is the market-size variance? a. $500 U b. $1,500 U c. $1,600 F d. $1,000 F 2. What is the market-share variance? a. $1,000 F b. $1,100 F c. $500 U d. $1,500 U 3. What is the sales-quantity variance? a. $1,500 U b. $1,000 F c. $500 U d. The variance cannot be determined. Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help

What is the market-size variance

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