Compute the market share, indicate if favorable/(unfavorable)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Compute the market share, indicate if favorable/(unfavorable)
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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