Rhaden Company produces sweat-resistant headbands for joggers. Information pertaining to Rhaden's operations for May 2011 follows:br> Required1.
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Rhaden Company produces sweat-resistant headbands for joggers. Information pertaining to Rhaden's operations for May 2011 follows:br>
Required1. Compute the sales volume variance for May 2011.2. Compute the market-share and market-size variances for May 2011.3. Comment on possible reasons for the variances you computed in requirement2.
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Actual Budget 220,000 Units sold Sales revenue Variable cost ratio Market size in units 230,550 $3,412,140 68% 4,350,000 $3,300,000 64% 4,400,000
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