Using the abbreviations listed below, what is the formula for the industry volume 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)

Question

Quizplus · Accepted Answer

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

Using the Abbreviations Listed Below, What Is the Formula for the Industry