TV Timers, Inc What Is the Company's Market Share Variance?
A) $1,050 Favorable

question 33

Multiple Choice

TV Timers, Inc., manufactures time control devices for TV's. The firm has the following operating data for its operations in July: $\begin{array}{lr}\text { Actual market size } & 10,000 \\\text { Budgeted market size } & 11,250 \\\text { Actual market share } & 34 \% \\\text { Budgeted market share } & 32 \%\\\text { Budgeted average contribution margin }&\$6\\\text { Actual average contribution margin }&\$5.25\end{array}$ What is the company's market share variance?

• A) $1,050 favorable.
• B) $1,181 favorable.
• C) $1,200 favorable.
• D) $1,350 favorable.
• E) $2,400 favorable.

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