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Compute the market-share and market-size variances for may

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Market Share and Size VarianceActual BudgetUnits sold 230.550 220.000 AdiWear Company produces dry-fit t-shirt for joggers. Information pertaining to AdiWear's operations for May 2014 follows:

Sales revenue $ 3,412,140 $ 3,300,000

Variable cost ratio 68% 64%

Market size in units 4,350,000 4,400,000

Question a. Compute the sales volume variance for May 2014

Question b. Compute the market-share and market-size variances for May 2014

Question c. Comment on possible reasons for the variance you computed in requirement b

Reference no: EM132706861

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