Using the Abbreviations Listed Below, What Is the Formula for the Industry

question 118

Multiple Choice

Using the abbreviations listed below, what is the formula for the industry volume variance?
AMS = actual market share
BMS = budgeted market share
BCM = budgeted contribution margin per unit
ACM = actual contribution margin per unit
ATM = actual total market
BTM = budgeted total market

• A) (ATM − BTM) (BMS) (ACM)
• B) (ATM - BTM) (BMS) (BCM)
• C) (AMS - BMS) (ATM) (ACM)
• D) (AMS - BMS) (ATM) (BCM)

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