Suppose that Space Toys quarterly budgeted sales in units were based on an estimated 10% market share.

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Suppose that Space Toys’ quarterly budgeted sales in units were based on an estimated 10% market share. Actual market size, based on research data, was 100,000 rocket ships for the most recent quarter.

Required:
Compute Space Toys’ market size and market share variances. Do these variances cast the marketing manager’s performance in a different light?

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Managerial accounting

ISBN: 978-0471467854

1st edition

Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin

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