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9ULLLIL pats. Exercise 4: Market Size & Market Share Olive Tree Products sold 72.000 units during...
Exercise 17-23 (Algo) Industry Volume and Market Share Variances (LO 17-3) D&B Ice Cream budgeted sales of 136,288 units of flavor C, assuming that the company would have 16 percent of 851,800 units sold in a particular market. The actual results were 126
Exercise 17-23 (Algo) Industry Volume and Market Share Variances (LO 17-3)D&B Ice Cream budgeted sales of 136,288 units of flavor C, assuming that the company would have 16 percent of 851,800 units sold in a particular market. The actual results were 126,630 units, based on a 14 percent share of a total market of 904,500 units. The budgeted contribution margin is $5.10 per unit. Required:Compute the sales activity variance, and break it down into market share variance and the industry volume...
Calculate Market Size and Market share Variances 00 Sales Volume x Std CM/unit A UUUU Example...
Calculate Market Size and Market share Variances
00 Sales Volume x Std CM/unit A UUUU Example 1: A company producing decaf drinks has noted slump in market due to public being more health conscious lately. In the past, the company has always had a market share of around 5% in the local market. The total market volumes recorded by the department of trade and industry last year was 5 million units, which has recently shown a slump of nearly 10%....
1. What is the market share variance? 2. What is the market size variance? 3. What...
1. What is the market share variance?
2. What is the market size variance?
3. What is the selling price variance and sales volume
variance?
4. What is the sales mix variance and sales quantity
variance?
PLEASE PROVIDE CALCULATIONS
Tall Pines Brewery (TPB) makes two specialty beers in its microbrewery: Golden Ale and Dark Ale. Both beers sell for the same price per case in the U.S. market and in the export market. The latter market is primarily European countries....
Help with 3 and 4, please. Market Size and Market Share Variances for Small Business Diane's...
Help with 3 and 4, please.
Market Size and Market Share Variances for Small Business Diane's Designs is a small business run out of its owner's house. For the past 6 months, the company has been selling two products, a welcome sign and a birdhouse. The owner has been concerned about the company's marketing effectiveness. The master budget and actual results for March of this year follow: 50 | Units Sales Variable costs Contribution margin Fixed costs Operating income Master...
1. What is the market share variance? 2. What is the market size variance? 3. What...
1. What is the market share variance?
2. What is the market size variance?
3. What is the selling price variance and sales volume
variance?
4. What is the sales mix variance and sales quantity
variance?
PLEASE PROVIDE CALCULATIONS
I have the correct answers, but I cannot post them for some
reason...please, don't post something if you do NOT KNOW what you
are doing!!!
Tall Pines Brewery (TPB) makes two specialty beers in its microbrewery: Golden Ale and Dark Ale....
Bach Table Company manufactures tables for schools. The current year operating budget is based on sales...
Bach Table Company manufactures tables for schools. The current year operating budget is based on sales of 40,000 units at $50 per table. Operating income is anticipated to be $300,000. Budgeted variable costs are $30 per unit, while fixed costs total $500,000 Actual income for the year was a surprising $2,268,000 on actual sales of 42,000 units Actual variable costs were $33 per unit and fixed costs totaled $550,000 Required: Prepare a Level 2 variance analysis report with both flexible-budget...
Bazinga Ltd. makes 2 products, Aces and Bells. Data for the most recent year is as follows:...
Bazinga Ltd. makes 2 products, Aces and Bells. Data for the most recent year is as follows: Budget Data Product Selling price per unit Variable cost per unit CM per unit Sales volume in units Sales mix (based on units) Total Contribution Margin Aces 10.00 2.00 8.00 123,000 61.50% 984,000 Bells 15.00 10.00 5.00 77,000 38.50% 385,000 200,000 1,369,000 Actual Data Product Selling price per unit Variable cost per unit CM per unit Sales volume in units Sales mix (based on...
Jackson, Inc., manufactures two products that it sells to the same market. Excerpted below are its budgeted and actual operating results for the year just completed: Budget Actual Unit sales...
Jackson, Inc., manufactures two products that it sells to the same market. Excerpted below are its budgeted and actual operating results for the year just completed: Budget Actual Unit sales Product X 32,000 80,000 Product Y 80,500 42,000 Unit contribution margin Product X $ 4.80 $ 3.90 Product Y $ 13.00 $ 14.00 Unit selling price Product X $ 13.00 $ 14.00 Product Y $ 30.00 $ 29.00 Industry volume was estimated to be 1,400,000 units at the time the...
Direct materials (28 lbs. o $4 per lb.) Direct labor (8 hrs. $8 per hr.) Factory...
Direct materials (28 lbs. o $4 per lb.) Direct labor (8 hrs. $8 per hr.) Factory overhead-variable (8 hrs. $5 per hr.) Factory overhead-fixed (8 hrs. O $7 per hr.) $ 112.00 64.00 40.00 56.00 Total standard cost $ 272.00 The predetermined overhead rate is based on a planned operating volume of BOX of the productive capacity of 50,000 units per quarter. The following flexible budget information is available. Operating Levels 70% 35,000 280,000 80% 40,000 320,000 90% 45,000 360,000...
Quill Pen Company manufactures two lines of pens: super and executive. Budgeted and actual contri...
Quill Pen Company manufactures two lines of pens: super and executive. Budgeted and actual contribution margin statements follow: Quill Pen Company Budget and actual contribution statements for the year ended 31 December (in '000s) Budget Actual Total Super 150 $900 450 $450 Executive Total Super 130 $780 390 $390 Executive Unit sales Sales revenue Variable expenses Contribution margin Fixed expenses 100 $1000 750 250 250 $1900 1200 700 130 $1 235 975 S 260 260 $2015 1365 650 S 190...
Calculate Market Size and Market share Variances
00 Sales Volume x Std CM/unit A UUUU Example 1: A company producing decaf drinks has noted slump in market due to public being more health conscious lately. In the past, the company has always had a market share of around 5% in the local market. The total market volumes recorded by the department of trade and industry last year was 5 million units, which has recently shown a slump of nearly 10%....
1. What is the market share variance?
2. What is the market size variance?
3. What is the selling price variance and sales volume
variance?
4. What is the sales mix variance and sales quantity
variance?
PLEASE PROVIDE CALCULATIONS
Tall Pines Brewery (TPB) makes two specialty beers in its microbrewery: Golden Ale and Dark Ale. Both beers sell for the same price per case in the U.S. market and in the export market. The latter market is primarily European countries....
Help with 3 and 4, please.
Market Size and Market Share Variances for Small Business Diane's Designs is a small business run out of its owner's house. For the past 6 months, the company has been selling two products, a welcome sign and a birdhouse. The owner has been concerned about the company's marketing effectiveness. The master budget and actual results for March of this year follow: 50 | Units Sales Variable costs Contribution margin Fixed costs Operating income Master...
1. What is the market share variance?
2. What is the market size variance?
3. What is the selling price variance and sales volume
variance?
4. What is the sales mix variance and sales quantity
variance?
PLEASE PROVIDE CALCULATIONS
I have the correct answers, but I cannot post them for some
reason...please, don't post something if you do NOT KNOW what you
are doing!!!
Tall Pines Brewery (TPB) makes two specialty beers in its microbrewery: Golden Ale and Dark Ale....
Bach Table Company manufactures tables for schools. The current year operating budget is based on sales of 40,000 units at $50 per table. Operating income is anticipated to be $300,000. Budgeted variable costs are $30 per unit, while fixed costs total $500,000 Actual income for the year was a surprising $2,268,000 on actual sales of 42,000 units Actual variable costs were $33 per unit and fixed costs totaled $550,000 Required: Prepare a Level 2 variance analysis report with both flexible-budget...
Direct materials (28 lbs. o $4 per lb.) Direct labor (8 hrs. $8 per hr.) Factory overhead-variable (8 hrs. $5 per hr.) Factory overhead-fixed (8 hrs. O $7 per hr.) $ 112.00 64.00 40.00 56.00 Total standard cost $ 272.00 The predetermined overhead rate is based on a planned operating volume of BOX of the productive capacity of 50,000 units per quarter. The following flexible budget information is available. Operating Levels 70% 35,000 280,000 80% 40,000 320,000 90% 45,000 360,000...
Quill Pen Company manufactures two lines of pens: super and executive. Budgeted and actual contribution margin statements follow: Quill Pen Company Budget and actual contribution statements for the year ended 31 December (in '000s) Budget Actual Total Super 150 $900 450 $450 Executive Total Super 130 $780 390 $390 Executive Unit sales Sales revenue Variable expenses Contribution margin Fixed expenses 100 $1000 750 250 250 $1900 1200 700 130 $1 235 975 S 260 260 $2015 1365 650 S 190...
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