Reference no: EM132601926
Agere Ltd sales three products in the Dembel City centre. The Company Budgeted to sell 10,000 units. The budgeted 10,000 units represent 50% market share. The details for the budgeted and actual data for the year 1996 fiscal year are as follows:
Budgeted Data
Product SP/u quantity sales mix t.revenue SP/U unit volume sales mix T.revenue
A 12 1,000 10% 12,000 10 1,800 15% 18,000
B 20 3,000 30 60,000 25 4,800 120,000
C 15 6,000 60 90,000 15 5,400 81,000
10,000 162,000 12,000 219,000
Required
Question 1. Calculate Static-budget variance.
Question 2. Compute Flexible-budget variance.
Question 3. Compute Sales-volume variance.
Question 4. Compute Sales-mix variance.
Question 5. Compute Sales-quantity variance.
Question 6. Compute Market share and market size variance.