witter Company manufactures a remote control device for home theaters. The following data were from the operating period just completed: Actual market size (units) 21,000 Budgeted market size (units) 20,000 Actual market share 10% Budgeted market share 7% Budgeted selling price per unit$46 Actual selling price per unit$41 Budgeted variable cost per unit$21 Actual variable cost per unit$9 What is the firm's market size variance? Multiple Choice $1,750 favorable. $590 favorable. $3,700 favorable. $4,150 favorable. $4,450 favorable.

Market Size Variance: Market size variance calculate the change in the company income due to change…

Answered: witter Company manufactures a remote…

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter12: Activity-based Management

Section: Chapter Questions

Problem 5CE: Uchdorf Manufacturing just completed a study of its purchasing activity with the objective of...

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witter Company manufactures a remote control device for home theaters. The following data were from the operating period just completed:


Actual market size (units)		21,000
Budgeted market size (units)		20,000
Actual market share		10	%
Budgeted market share		7	%
Budgeted selling price per unit	$	46
Actual selling price per unit	$	41
Budgeted variable cost per unit	$	21
Actual variable cost per unit	$	9

What is the firm's market size variance?

Multiple Choice

$1,750 favorable.
$590 favorable.
$3,700 favorable.
$4,150 favorable.
$4,450 favorable.

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