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Use the Information Below to Answer the Following Question(s)

Question 107

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Use the information below to answer the following question(s) .Teddy Bear Company sold a total of 30,000 stuffed tigers and lions.During August the following information was gathered:
Use the information below to answer the following question(s) .Teddy Bear Company sold a total of 30,000 stuffed tigers and lions.During August the following information was gathered:    -The (the difference between the actual market size in units and the budgeted market size in units) times (the budgeted market share) times (budgeted contribution margin per composite unit for the budgeted mix) is called the A) budgeted market-size variance. B) budgeted market-share variance. C) market-share variance. D) market-size variance. E) sales quantity variance.
-The (the difference between the actual market size in units and the budgeted market size in units) times (the budgeted market share) times (budgeted contribution margin per composite unit for the budgeted mix) is called the


A) budgeted market-size variance.
B) budgeted market-share variance.
C) market-share variance.
D) market-size variance.
E) sales quantity variance.

Correct Answer:

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