so sorry this is the data for no 1
Acton Slate Inc. (ASI) produces tablet computers. ASI markets three different handheld models SlatePro is a souped-up version for the executive on the go. Slate is a consumer-oriented version, and SlateLite is a stripped-down version for the young adult market Acton Slate's senior vice president of marketing prepared his budget at the beginning of the third quarter assuring a 40% market share based on total sales. The total tablet market was estimated by Foolinstead Research to reach sales of 237,500 units worldwide in the third quarter. However, actual sales in the third quarter were 500,000 units, Budgeted and actual operating data for the company's third quarter of 2018 are as follows. Click the icon to view the budgeted data.) (Click the icon to view the actual data) Required Requirement 1. Calculate the market-share and market-size variances for ASI in the third quarter of 2018 (calculate all variances in terms of contribution margins) Begin by determining the formula for the market share variance, and then calculate the variance for Acton Slate in the third quarter of 2018 (calculate all variances in terms of contribution margins) Label the variance as favourable (F) or unfavourable (U) (For amounts entered into the formula, enter all amounts to two decimal places except for units Round your final answer to the nearest whole dollar) Actual Budgeted Actual Budgeted CM-composite unit Market share market share market share 1x market size units for budgeted mix variance X --- --- ------ Choose from any list or enter any number in the input fields and then continue to the next question Acton Slate Inc (ASI) produces tablet computers. ASI markets three different handheld models. SlatePro is a souped up version for the executive on the go: Slate is a consumer-oriented version, and Slatelite is a stripped-down version for the young adult market. Acton State's senior vice president of marketing prepared his budget at the beginning of the third quarter assuming a 40% market share based on total sales. The total tablet market was estimated by Foolinstead Research to reach sales of 237,500 units worldwide in the third quarter. However, actual sales in the third quarter were 500,000 units. Budgeted and actual operating data for the company's third quarter of 2018 are as follows: !! (Click the icon to view the budgeted data) (Click the icon to view the actual data) Required XL * Now determine the formula for the market-size variance, and then calculate the variance for the third quarter of 2018 (calculate all variances in terms of contribution margins) Label the variance as favourable (F) or unfavourable (U). (For amounts entered into the formula, enter all amounts to two decimal places except for units. Round your final answer to the nearest whole dollar) Actual Budgeted Budgeted Budgeted CM-composite unit Market-size market size units market size-units) market share for budgeted mix variance 1x X X Requirement 2. Explain what happened based on the market share and market-size variances. While the market share decreased the overall increase in the total market size results in an) favourable sales-quantity Choose from any list or enter any number in the input nelds and then continue to the next question URRI VILU President of marketing prepared his budget at the beginning of the third quarter assuming a 40% market sha based on total sales. The total tablet market was estimated by Foolinstead Research to reach sales of 237,500 units worldwide in the third quarter. However, actual sales in the third quarter were 500,000 units. Budgeted and actual operating data for the company's thir quarter of 2018 are as follows: Click the icon to view the budgeted data.) !! (Click the icon to view the actual data) Required While the market share decreased the overall increase in the total market size results in a(n) favourable sales-quantity variance of $| Requirement 3. Calculate the actual market size, in units, that would have led to no market-size variance (again using budgeted contribution margin per unit). Use this market-size figure to calculate the actual market share that would have led to a zero market share variance. Using the formula that you determined above for the market-size variance, the actual market-size would need to be 237,500 units for there to be no variance. Now use the market size that you calculated in the prior step and the formula that you determined above for the market share variance The actual market share would need to be In order for the market-share variance to equal $0. Choose from any list or enter any number in the input fields and then continue to the next question Answer the following question(s) using the information below. Delta Footwear Ltd manufactures only one type of sandal and has two divisions, the Sole Division, and the Assembly Division. The Sole Division manufactures soles for the Assembly Division, which completes the sandal and sells it to retailers The Sole Division "sells" soles to the Assembly Division. The market price for the Assembly Division to purchase a pair of soles is 518 (Ignore changes in inventory.) The per unit fixed costs are based on a production of 50,000 pairs of sandals. Sole's costs per pair of soles are. Direct materials $5 Direct labour $4 Variable overhead 53 Division fixed costs $1 Assembly's costs per completed pair of sandals are: m A. $13.50 OB. $18.00 OC. $7.50 OD. $16.50 OE $19.50 Direct materials 55 Direct labour $4 Variable overhead $3 Division fixed costs $1 Assembly's costs per completed pair of sandals are: Direct materials $6 Direct labour 53 Variable overhead $2 Division fixed costs $2 What is the transfer price per pair of sandals from the Sole Division to the Assembly Division if the method used to place a value on each pair of soles is 150% of variable costs? A $13.50 B. $18:00 OG $750 D. $16.50 OE $19.50 Budgeted data Budgeted Operating Data, Third Quarter 2018 Variable Cost Selling Price per Unit Contribution Margin per Unit $ 194 SlatePro $ 373 $ 179 95 Sales Volume Contribution in Units Dollars 9,500 $ 1,843.000 36.100 6,498,000 49.400 3.754.400 Slate 275 180 SlateLite 148 72 76 95,000 $ 12.095.400 Print Done assuming a 40% market share based on total sales. The total tablet market was estimated by Foolinstead Research to 000 units. Budgeted and actual operating data for the company's third quarter of 2018 are as follows: Hata.) i Actual data . Actual Operating Data, Third Quarter 2018 VOL Variable Cost Sales Volume Contribution Selling Price per Unit Contribution Margin per Unit $ 173 in Units Dollars SlatePro $ 353 $ 180 Slate 288 96 192 11.000 44,000 55.000 1.903.000 8.448.000 2.090.000 ural SlateLite 108 70 38 110.000 $ 12.441.000 Print Done
