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TB MC Qu. 16-107 (Algo) The firm's market size variance: Gourmet Aroma Coffee House Gourmet Aroma Coffee House has an exclusive contract with Columbia exporters.
TB MC Qu. 16-107 (Algo) The firm's market size variance: Gourmet Aroma Coffee House 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: The total market was estimated to be 70,800 pounds at the time of budget. The actual total market for the year is 62,400 pounds. What is the firm's market size variance? (Round your intermediate percentage answers to nearest whole percent.) Multiple Choice $13,900 unfavorable. $14,700 unfavorable. $15,940 unfavorable. $16,900 unfavorable. $25,700 unfavorable
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