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Gourmet Aroma Coffee House has an exclusive contract with Columbia exporters.Two brands of gourmet coffee are imported,Morning Thunder (MT) and Evening Tender (ET) .The following data are provided for the current fiscal year:
The total market was estimated to be 80,000 pounds at the time of budget.The actual total market for the year is 75,000 pounds.
What is the firm's market size variance?
Two-Income Families
Households in which both partners earn wages or salaries contributing to the family's total income.
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The purchasing power of wages or income, taking into account the effect of inflation on buying capacity.
Real Average Hourly
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Wages
Compensation received by employees for their labor, typically quantified as per hour, day, or unit of work completed.
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