“Leaf Ltd has had a mixed year. Its market share has improved 2% to 20% but the overall market had contracted by 5% in the same period. Budgeted sales were 504000 units and standard contribution was $12 per unit. What is the sales market size variance?”
Hi sir, the answered for this was $302400 adverse but I couldn’t really understand Kaplan’s explanation. Could you help with this please?