Industry Volume and Market Share Variances- Missing Data: The following graph is like the one presented in Illustration 21-4 in the chapter.. Actual sales volume for the firm exceeds its estimated sales volume.

Required:

Find the missing amounts:

a. Budgeted minus actual sales volume.

b. Estimated industry volume.

c. Estimated market share percent.

d. Actual market share percent.

e. Actual industry volume.

Transcribed Image Text:

(a)- Industry (60,000 units - volume Market share (b)) x (c) 1,000 units = ((d) -10%) x (e) = 1,200 units