Persimmon Corp. manufactures car batteries in two models. The following information Persimmon is provided for the month of August Budgeted 5,200 3,200 Total contribution margin $250,000 The budgeted average unit contribution margin is $24.50 Budgeted unit sales for the entire industry were 400,000 units of all model types, and actual unit sales for the industry were 500,000 units. What is the Market size variance? Regular model sales in units Premium model sales in units OA. $60,000 (F) OB. $40,123 (F) Ⓒc.$51,450 (F) OD. $60,000 (U) Actual 5,500 2,500

Persimmon Corp. manufactures car batteries in two models. The following information Persimmon is provided for the month of August Budgeted 5,200 3,200 Total contribution margin $250,000 The budgeted average unit contribution margin is $24.50 Budgeted unit sales for the entire industry were 400,000 units of all model types, and actual unit sales for the industry were 500,000 units. What is the Market size variance? Regular model sales in units Premium model sales in units OA. $60,000 (F) OB. $40,123 (F) Ⓒc.$51,450 (F) OD. $60,000 (U) Actual 5,500 2,500

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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