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Based on the data below for Chess Corporation, which of the following statements is true? BISHOP DIVISION KNIGHT DIVISION Industry volume variance $100K (U) Industry

Based on the data below for Chess Corporation, which of the following statements is true?

BISHOP DIVISION

KNIGHT DIVISION

Industry volume variance $100K (U)

Industry volume variance $100K (F)

Market share variance $15K(U)

Market share variance $15K(F)

Selling price variance $20K(F)

Selling price variance $7K(U)

Variable cost variance $2K(F)

Variable cost variance $1K(U)

a.)None of the marketing managers deserve bonuses

b.)Knight division must follow a harvest strategy while the Bishop division must follow a build strategy.

c.)Noneofthemanagershaveperformedwellandconsequentlynoone deserves a bonus.

d.)All managers of the Bishop division deserve their bonus

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