The following information about Morgantown Avionics' two Altimeter models is provided:
Budgeted unit sales for the entire Avionics industry were 2,500,000 of all model types and actual unit sales for the industry were 2,550,000.
Calculate:
a. Market share variance (take percentages out to 4 significant digits)
b. Market size variance

Question

The following information about Morgantown Avionics' two Altimeter models is provided:
  Budgeted unit sales for the entire Avionics industry were 2,500,000 of all model types and actual unit sales for the industry were 2,550,000.
Calculate:
a. Market share variance (take percentages out to 4 significant digits)
b. Market size variance

Quizplus · Accepted Answer

The Answer of The following information about Morgantown Avionics' two Altimeter models is provided:
  Budgeted unit sales for the entire Avionics industry were 2,500,000 of all model types and actual unit sales for the industry were 2,550,000.
Calculate:
a. Market share variance (take percentages out to 4 significant digits)
b. Market size variance

The Following Information About Morgantown Avionics' Two Altimeter Models Is