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TV Timers, Inc What Is the Company's Market Size Variance?
A) $1,200 Unfavorable

question 73

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


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