- This topic has 1 reply, 2 voices, and was last updated 5 years ago by John Moffat.
- You must be logged in to reply to this topic.
Instant Poll - Read and post comments:
Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams – Get your BPP Discount Code >>
Hi john, good day
What is the formula for market share variance
There is no formula!!! If you understand what it means then it is common sense. It is the difference in sales (at standard contribution) resulting from the change in the share of the total market.
Don’t simply learn formulae for the exam – the examiner deliberately asks questions that test that you understand what is happening rather than have just learned formulae. That is why only 50% of the exam involves calculations – the rest is again testing understanding.
If a specific question is causing you problems on this, then state which question and I will explain the answer.