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Given for E Enterprises: Budgeted industry volume in units: $5,500,000 Actual industry volume in units:...

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Accounting

Given for E Enterprises:

Budgeted industry volume in units: $5,500,000

Actual industry volume in units: $5,600,000

Budgeted market share: 16%

Actual market share percentage:15%

Budgeted average unit contribution margin:$2

What is the market size variance? (State if it's favorable or unfavorable)

What is the market share variance?

What is the sales quantity variance?

Answer & Explanation Solved by verified expert
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