Budgeted unit sales for the entire countertop oven industry were 2,500,000 (of all model types), and actual unit sales for the industry were 2,550,000. Recall from Cornerstone Exercise 18.6 that Iliff, Inc., provided the following information:

Required:
1. Calculate the market share variance (take percentages out to four significant digits).
2. Calculate the market size variance.
3. What if Iliff actually sold a total of 41,000 units (in total of the two models)? How would that affect the market share variance? The market size variance?

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Budgeted Actual Sales in units, toaster oven Sales in units, convection oven Total contribution margin Budgeted average unit contribution margin 25,000 15,000 $3,250,000 $81.25 25,800 14,000