Wheat Inc. has an exclusive contract with an exporter. Two brands of wheat are imported, labeled AB and CD. The following data are provided for the current fiscal year:

BudgetedActual ResultsABCDABCDPrice per bushel$20$10$25$12Variable cost per bushel$15$5$15$8Sales (in bushels)1,5002,5001,2003,600

The total market was estimated to 40,000 bushels at the time of budget. The actual total market for the year is 32,000 bushels.

What is the firm's market size variance?

Multiple Choice

• $6,000 unfavorable.
• $17,500 unfavorable.
• $750 unfavorable.
• $0.
• $4,000 unfavorable.