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What is the company market share variance

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Question - TV Timers, Incorporated, manufactures time control devices for TV's. The firm has the following operating data for its operations in July:

Actual market size 6,000

Budgeted market size 6,800

Actual market share 34%

Budgeted market share 32%

Budgeted average contribution margin $6.00

Actual average contribution margin $5.25

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

Reference no: EM133172522

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