The Stangle Company Had the Following Expectations Required:
(Be Sure to Indicate Whether the Variance Is Favorable

question 23

Essay

The Stangle Company had the following expectations: $$\begin{array} { | l | r | l | } \hline \text { Total market for the product } & 360,000 & \text { units } \\\hline \text { Stangle's budgeted sales } & 108,500 & \\\hline \text { Contribution margin per unit } & \$ 12.00 & \\\hline \text { Actual results for the year were: } & & \\\hline \text { Total market for the product } & 332,500 & \text { units } \\\hline \text { Stangle's actual sales } & 113,050 & \\\hline\end{array}$$
Required:
(Be sure to indicate whether the variance is favorable or unfavorable. )
a.Compute Stangle's sales activity variance.b.Compute Stangle's market share variance.c.Computer Stangle's industry volume variance.

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Definitions:

Collective Responsibility

The principle or practice of holding a group collectively accountable for the actions and consequences of its members.

Commitment to Goals

A strong determination to achieve specified aims or objectives.

Clarity of Goals

The degree to which organizational or individual objectives are defined, understood, and communicated.

Task-Oriented

Focused on completing specific tasks efficiently and effectively, often prioritizing work over relational concerns.