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Compute the sales volume variance for may

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AdiWear Company produces dry-fit t-shirt for joggers. Information pertaining to AdiWear's operations for May 2014 follows:

                                       Market Share and Size Variance                  Actual Budget

Units sold                    230.550                                                       220.000

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: EM132733096

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