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John Moffat.
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mayzin1707
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I would like to request to explain following question from Kaplan and I did not find in your lecture? Kindly explain how to solve this question.
Thank you so much Sayar.
Best Regards,May
Question: Leaf Limited has had a mixed year. Its market share has improved two percentage points to 20% but the overall market had contracted by 5% in the same period. The budgeted sales were 504,000 units and standard contribution was $12 per unit.
1) What is Sales Market Size variance?
2) What Sales Market Share Variance?
3) What is the level of actual sales?
John Moffat
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See my replies to previous posts on this question:
https://opentuition.com/topic/mcq-leaf-limited/
https://opentuition.com/topic/market-share-and-market-size-variances-kaplan-q137q138/
mayzin1707
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