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packages its services into two groups: basic and complete. The basic package includes advertising vacant
units, showing potential renters through them and collecting monthly rent and remitting it to the owner.
The complete package adds maintenance of units and bookkeeping to the basic package. Packages are
priced on a per rental unit basis. Actual results from last year are as follows
Basic Complete
Basic Complete
Required:
Actual Budgeted
Required:
(i) Calculate the contribution margin variance and the contribution margin volume
variance.
(ii) Calculate the market share variance and the market size variance.
Required: