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Contribution Margin Variance, Contribution Margin Volume Variancs, Markat Share Variance, Market Size Variance Sulert. Inc. produces and sells gel-filled ice packs. Sulert's performance report for
Contribution Margin Variance, Contribution Margin Volume Variancs, Markat Share Variance, Market Size Variance Sulert. Inc. produces and sells gel-filled ice packs. Sulert's performance report for April follows Units sold Sales Variable costs Actual Budgoted 90.000 00.000 $1,450,000 $1.515,000 652,500 636,300 Contribution margin $797,500 87,700 Market size (in units) 1,250,000 1,200,000 Required 1. Calculate the contribution margin variance and the contribution margin volume variance. In your computations, round the contribution margin per unit to three decimal places. Contribution margin variance Contribution margin volume variance 2. Calculate the market share varlance and the market size variance. In your computations, round the unit contribution margin to three decimal places and round the market share percentage to one decimal place (for example, .8439 would be rounded to 84.4%). Round your final answers to the nearest dollar. (CMA adapted) Market share variance Markat size varianco 81.200 Unfavorable 29,290 Unfavorable 15,289X Unfavorable 15,289 X Favorable Feedback
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