Compute the market share, indicate if favorable/(unfavorable)

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Compute the market share, indicate if favorable/(unfavorable)

PARE Company produces and sells a special powder named "CC". Actual and Projected sales units
and contribution margin per unit for the product for the year 2021 are as follows:
2021
Projected
Actual
Sales units
8, 100
8, 400
Total market (units )
CM / unit
54, 000
60, 000
P6
P 6.50
Transcribed Image Text:PARE Company produces and sells a special powder named "CC". Actual and Projected sales units and contribution margin per unit for the product for the year 2021 are as follows: 2021 Projected Actual Sales units 8, 100 8, 400 Total market (units ) CM / unit 54, 000 60, 000 P6 P 6.50
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