Question: Using the abbreviations listed below, what is the formula for the industry volume variance? What is the market share variance? AMS = actual market share

Using the abbreviations listed below, what is the formula for the industry volume variance? What is the market share variance? AMS = actual market share BMS = budgeted market share BCM = budgeted contribution margin per unit ACM = actual contribution margin per unit ATM = actual total market BTM = budgeted total market

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