Question
Gourmet Aroma Coffee House has an exclusive contract with Columbia exporters. Two brands of gourmet coffee are imported, Morning Thunder (MT) and Evening Tender (ET).
Gourmet Aroma Coffee House has an exclusive contract with Columbia exporters. Two brands of gourmet coffee are imported, Morning Thunder (MT) and Evening Tender (ET). The following data are provided for the current fiscal year:
BudgetedOperating ResultsMTETMTETPrice per pound$40$60$50$56Variable cost per pound20362440Sales (in pounds)4,0004,0003,9605,040
The total market was estimated to be 80,000 pounds at the time of budget. The actual total market for the year is 75,000 pounds.
What is the firm's market share variance?
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Detecting Accounting Fraud Analysis And Ethics
Authors: Cecil W. Jackson
1st Edition
1292059400, 9781292059402
