Actual sales volume for the firm is below its budgeted sales volume. (a) Industry volume Market...

 

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Actual sales volume for the firm is below its budgeted sales volume. (a) Industry volume Market share Required: Find the missing amounts: (a) Actual minus budgeted sales volume (b) Budgeted industry volume (c) Budgeted market share percent (d) Actual market share percent (e) Actual industry volume [1,150,000 units - (b)] × 28% = 25,900 more units [(d) - (c)] × (e) = 80,500 fewer units 54,600 fewer units units % % units Actual sales volume for the firm is below its budgeted sales volume. (a) Industry volume Market share Required: Find the missing amounts: (a) Actual minus budgeted sales volume (b) Budgeted industry volume (c) Budgeted market share percent (d) Actual market share percent (e) Actual industry volume [1,150,000 units - (b)] × 28% = 25,900 more units [(d) - (c)] × (e) = 80,500 fewer units 54,600 fewer units units % % units

Answer rating: 100% (QA)

a Actual minus budgeted sales volume 80500 fewer units 25900 more units 54600 fewer units b Bud... View the full answer