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PLEASE SHOW YOUR WORK 18. (10 points) Continuing with Valve Inc. data in the previous problem, assume Valve Inc. budgeted a 8.75% share sales of

image text in transcribedPLEASE SHOW YOUR WORK

18. (10 points) Continuing with Valve Inc. data in the previous problem, assume Valve Inc. budgeted a 8.75% share sales of total H,J and A valves in the local market. Reliable industry data indicates that the actual total number of H,J and A valves sold in the same period was 6,875,000 valves. a. Compute the market-share variance for the period. b. Compute the market-size variance for the period

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