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What is the company market-share variance

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Reference no: EM133020541

Question - Jarvis Co. manufactures RFID chips for electronic equipment. The following information was collected during June.

Actual market size (units) 32,000

Budgeted market size (units) 20,000

Actual market share 34%

Budgeted market share 32%

Budgeted selling price per unit $12.00

Actual selling price per unit $10.50

Budgeted cont. margin per unit $4.00

Actual cont. margin per unit $3.00

Required - What is the company's market-share variance?

1. $1,600 unfavourable

2. $1,600 favourable

3. $2,560 favourable

4. $1,200 unfavourable

Reference no: EM133020541

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