Using the abbreviations listed below,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
A)(ATM - BTM)(BMS)(ACM)
B)(ATM - BTM)(BMS)(BCM)
C)(AMS - BMS)(ATM)(ACM)
D)(AMS - BMS)(ATM)(BCM)
E)(ATM - BTM)(AMS)(ACM)

Question

Quizplus · Accepted Answer

The market share variance is calculated as the difference between the actual market share and the budgeted market share, multiplied by the actual total market and the budgeted contribution margin per unit.

Using the Abbreviations Listed Below,what Is the Market Share Variance