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the henley and the boca. both chairs are sold iwthin the same home furnishing market. budgeted and actual operating data for the year 2 0

the henley and the boca. both chairs are sold iwthin the same home furnishing market. budgeted and actual operating data for the year 2 0 2 2 are: stategic budget: # of chairs sold: henley 2 6 0 0 0 0 , boca 1 4 0 0 0 0 , total 4 0 0 0 0 0 contribution margin: henley 2 6 0 0 0 0 0 0 , boca 1 1 2 0 0 0 0 0 , total 3 7 2 0 0 0 0 0 actual results: # of chairs sold: henley 2 4 8 4 0 0 , boca 1 6 5 6 0 0 , total 4 1 4 0 0 0 contribution margin: henley 2 2 3 5 6 0 0 0 , boca 1 3 2 4 8 0 0 0 , total 3 5 6 0 4 0 0 0 the company prepared the 2 0 2 2 budget assuming a 2 0 % market share based on total sales in the midwest region of the unites states. this market share estimate included expected sales of both the henley and the boca. actual total sales vulume in the region was 2

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