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What is the company market size variance

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

Actual market size 10,000 

Budgeted market size 11,250 

Actual market share 34%

Budgeted market share 32%

Budgeted average contribution margin $6 

Actual average contribution margin $5.25 

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

Reference no: EM132992399

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