Expected to sell 458,500 based on a budgeted market share of 15 percent. The budgeted selling price was $14 per unit. Budgeted variable costs were $6 per unit. Budget fixed costs were $1,930,000 and applied based on units produced
Required:
Compute the sales activity variance, and break it down into market share variance and the industry volume variance Note: Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option.
Sales activity variance____
Market share variance____
Industry volume variance__