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

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.