Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. albury corporation sold 129,900 units of its only

Albury Corporation sold 129,900 units of its only product last period. It had budgeted sales...

80.2K

Verified Solution

Question

Accounting

image

Albury Corporation sold 129,900 units of its only product last period. It had budgeted sales of 127,000 units based on an expected market share of 40 percent. The sales activity variance for the period is $72,500 F. The industry volume variance was $725,000 F. Required: a. What is the budgeted contribution margin per unit for the product? b. What is the actual industry volume? c. What was the actual market share for Albury? (Round your answer to whole percentage.) d. What is the market share variance? (Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option.) per unit units a. Contribution margin b. Actual industry volume c. Actual market share d. Market share variance

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Basic Math
1.2K views

work function H described by H x 2 75x ght of a woman whose humerus...

Biology
1.2K views

In Data and Graphing 7, you saw how population growth can be limited by both predation...

Psychology
1.2K views

Discussion 1: What is the significance of a “Small Axe” and who is wielding it, and...

Physics
1.2K views

62 Two conducting spheres each given a charge q are kept far apart as shown...

Geometry
1.2K views

ct one a m BAC 90 b m BAC 30 cm BAC 45 d m...

Accounting
1.2K views

M Company purchased 80% of the outstanding common stock of R Company on January 2,2020...

Accounting
1.2K views

Blossom Company's standard labour cost of producing one unit of product DD is 4 hours...

Finance
1.2K views

An investor tripled his capital by being placed for 36 months with compound interest. Find...

Accounting
1.2K views

Return Samtech Manufacturing purchased land and building for $4 million. In addition to the purchase...

Finance
1.2K views

International Fischer Forecasts. Use the table containing economic, financial, and business indicators to answer the...

Accounting
1.2K views

Dole Carpet Cleaners ended its first month of operations on June 30. Monthly financial statements...

Accounting
1.2K views

Averye check for 518.000 with a note avologinive for the tase paynient. Rasd the necherenters...