1. Contribution Margin Variance, Contribution Margin Volume Variance, Market Share Variance, Market Size Variance

   Sulert, Inc., produces and sells gel-filled ice packs. Sulerts performance report for April follows:

   		Actual		Budgeted
   Units sold		290,000		300,000
   Sales		$1,450,000		$1,515,000
   Variable costs		652,500		636,300
   Contribution margin		$ 797,500		$ 878,700
   Market size (in units)		1,250,000		1,200,000

   Required:

   1. Calculate the contribution margin variance and the contribution margin volume variance. In your computations, round the contribution margin per unit to three decimal places.

   Contribution margin variance	$
   Contribution margin volume variance	$

   2. Calculate the market share variance and the market size variance. In your computations, round the unit contribution margin to three decimal places and round the market share percentage to one decimal place (for example, .8439 would be rounded to 84.4%). Round your final answers to the nearest dollar. (CMA adapted)

   Market share variance	$
   Market size variance	$