Question
Use the following information to answer questions 3 and 4 Popular Toys Inc. sells toys that are in the top 10% of market demand. The
Use the following information to answer questions 3 and 4
Popular Toys Inc. sells toys that are in the top 10% of market demand. The two bestselling toys are the Personal Robot and the Smart Bear. The past years budget and actual sales and market data for these two products are shown below:
Expected (budget) data Personal Robot Smart Bear
Expected total industry salesin units 600,000 480,000
Expected company salesinunits 38,500 45,600
Expected selling price per unit $130 $100
Expected variable cost per unit $75 $60
Actual data
Industry sales in units 580,000 410,000
Company sales in units 36,500 42,600
Selling price per unit $125 $90
Variable cost per unit $ 80 $653
.Which of the following is the sum of thesales mix variances for both products?
a)$1,109 F
b)$4,334 F
c)$5,779 F
d)$27,449 F
4.Which of the following is the market share variance for both products?
a)$94,195F
b)$102,681 F
c)$190,791F
d)$208,135F
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