Budgeted unit sales for the entire lawn mower industry were 1,200,000 (of all model types), and actual unit sales for the industry were 1,190,000. Recall from Cornerstone Exercise 18-6 that Rombley, Inc., provided the following information:

Required:
1. Calculate the market share variance (take percentages out to five significant digits).
2. Calculate the market size variance.
3. What if Rombley actually sold a total of 61,000 units (in total of the two models)?
How would that affect the market share variance? The market size variance?LO1

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Budgeted Actual Sales in units, basic mower 15,000 14,800 Sales in units, self-propelled mower 45,000 44,000 Total contribution margin $6,750,000 Budgeted average unit contribution margin $112.50