In 2019, the annual size of the smartphone market is 23 million units. Apple budgeted their...

In 2019, the annual size of the smartphone market is 23 million units. Apple budgeted their market share for the entire year at 40%. At the end of the year, market share of Apple turned out to be 39% while the market grew from 23 million units to 24 million units.

What is the market size variance for the whole year of 2018 when cost/price information is given as follows:

	Budgeted	Actual
Price per unit	$400	$450
Cost per unit	$200	$210
Contribution margin per unit	200	240

*Answer in millions of $

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ekkarill92 answered 1 year ago

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