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Business, 07.06.2021 15:50 stevensquad1379
Olive Tree Products sold 86,000 units during the last period when industry volume totaled 334,000 units. The company originally expected to sell 89,000 based on a budgeted market share of 20 percent. The budgeted selling price was $59 per unit. Budgeted variable costs were $34 per unit. Budgeted fixed costs were $314,000 and applied based on units produced. Required: Compute the sales activity variance, and break it down into market share variance and the industry volume variance
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Olive Tree Products sold 86,000 units during the last period when industry volume totaled 334,000 un...
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