The Omega Corporation manufactures two types of vacuum cleaners, the ZENITH for commercial building

The Omega Corporation manufactures two types of vacuum cleaners, the ZENITH for
commercial building use and the House-Helper for residences. Budgeted and actual
operating data for the year 20x3 are as follows:
Static Budget ZENITH House-Helper Total
Number sold 15,000 60,000 75,000
Contribution margin $3,750,000 $12,000,000 $15,750,000
Actual Results ZENITH House-Helper Total
Number sold 16,500 38,500 55,000
Contribution margin $6,200,000 $10,200,000 $16,400,000
Prior to the beginning of the year, a consulting firm estimated the total volume for
vacuum cleaners of the Zenith and House-Helper category to be 300,000 units, but
actual industry volume was only 275,000 units.

Post Merge: 2 years ago

Compute the market-share variance and market-size variance in terms of the
contribution margin