Compute the market-share and market-size variances for may

Assignment Help Cost Accounting

Reference no: EM132706861

Market Share and Size VarianceActual BudgetUnits sold 230.550 220.000 AdiWear Company produces dry-fit t-shirt for joggers. Information pertaining to AdiWear's operations for May 2014 follows:

Sales revenue $ 3,412,140 $ 3,300,000

Variable cost ratio 68% 64%

Market size in units 4,350,000 4,400,000

Question a. Compute the sales volume variance for May 2014

Question b. Compute the market-share and market-size variances for May 2014

Question c. Comment on possible reasons for the variance you computed in requirement b

Reference no: EM132706861

Questions Cloud

Distinctive characteristics of ikea furniture : Describe as many of the distinctive characteristics of Ikea's furniture, their furniture design, their supply chain, and their retail methods?

Determine the cash payments made during June : During June, cash receipts totaled $279,100 and the June 30 balance was $15,500. Determine the cash payments made during June

Evaluate the performance of the ceo : The board's responsibility is to evaluate the performance of the CEO. This is a critical aspect of Board Governance. Develop an evaluation plan for the CEO

Describe leadership methods and theories : Write a 350- to 700-word paper in which you describe leadership methods and theories that may lead to an effective culture in the public sector.

Compute the market-share and market-size variances for may : Market Share and Size VarianceActual BudgetUnits sold 230.550 220.000. Compute the market-share and market-size variances for May 2014

Analyzing the days sales outstanding : Analyzing the days sales outstanding and the aging schedule are two common methods for monitoring receivables. However, they can provide erroneous signals

Explain type of financing used by the firm : Statement 1: Financing decisions determine both the mix and the type of assets held by the firm. True or False?

Analyze the fundamental reasons : Analyze the fundamental reasons that, according to the text, separating policy design and implementation is an impossible task.

Occurrence of globalization in globalization debates : What is some of the evidence given for and against the occurrence of globalization in globalization debates?

User Account

All Pages