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the United States. (Click the icon to view the budgeted and actual results.) (Click the icon to view the budgeted and actual sales mix and

image text in transcribed the United States. (Click the icon to view the budgeted and actual results.) (Click the icon to view the budgeted and actual sales mix and contribution margin information.) (Click the icon to view the sales variances.) Requirement Calculate the market-share and market-size variances for Elementary Inc. in 2020. (Calculate all variances in terms of contribution margin.) Comment on the results. to the nearest whole dollar. Label the variance as favorable (F) or unfavorable (U).) The market-share variance is Reference Reference Data table The total fruit drinks market was estimated to reach sales of 1.05 million cartons in the region. However, actual total sales volume in the Midwestern region was 1.26 million cartons. Budgeted and actual results for 2020 are as follows: Rudcuet for 2020 Actual for 2020

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