Jackson,Inc Manufactures Two Products That It Sells to the Same

Multiple Choice

Jackson,Inc manufactures two products that it sells to the same market.Excerpted below are its budgeted and actual operating results for the year just completed:
Industry volume was estimated to be 1,875,000 units at the time the budget was prepared.Actual industry volume for the period was 2,440,000 units.Jackson measures variances using contribution margin.The market size variance is:

A) $218,450 favorable.
B) $33,750 favorable.
C) $221,520 favorable.
D) $385,104 favorable.
E) $426,000 favorable.