Singh, Inc., produces and sells elastic ankle supports. Singh's follows.

Required:
1. Calculate the contribution margin variance and the contribution margin volume variance.
2. Calculate the market share variance and the market size variance. (CMA adapted)

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Actual Budgeted Units sold 50,000 60,000 Sales $250,000 $315,000 Variable costs 160,000 195,000 Contribution margin $ 90,000 $120,000 Market size (in units) 1,000,000 1,200,000