A4 Appoline Juices budgeted sales of 87.840 units of Grape, assuming that the company would have 30 percent of 292,800 units sold ina particular market. The actual results were 79.820 units sold by Appoline, which represented a 26 percent share of the total market.The budgeted contribution margin is $11.00 per unit.Required:Compute the sales activity variance, and break it down into market share variance and the industry volume variance.Note: Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not selectoption.Sales activity varianceMarket share variance

Market share variance refers to the difference between the expected or budgeted market share and the…

Answered: Required: Compute the sales activity…

Required: Compute the sales activity variance, and break it down into mark Note: Indicate the effect of each variance by selecting "F" for t mither option.

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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Question

Appoline Juices budgeted sales of 87.840 units of Grape, assuming that the company would have 30 percent of 292,800 units sold in
a particular market. The actual results were 79.820 units sold by Appoline, which represented a 26 percent share of the total market.
The budgeted contribution margin is $11.00 per unit.
Required:
Compute the sales activity variance, and break it down into market share variance and the industry volume variance.
Note: Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select
option.
Sales activity variance
Market share variance

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