TV Timers, Incorporated, manufactures time control devices f…
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 10,000 Budgeted market size 11,250 Actual market share 34% Budgeted market share 32% Budgeted average contribution margin $ 6.00 Actual average contribution margin $ 5.25 What is the company’s market share variance?
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