The following information relates to The Melted Cheese Company Ltd for the year to 31 December 2014: Budget Budget Actual Actual Budget selling price gross profit Actual unit selling unit gross Product units Sales per unit per unit units Sales price profit % £ £ % £ £ Xx 800 14.3 60 10 1,000 20.8 58 8 iy 1,200 21.4 50 8 800 16.7 54 10 Z 3,600 64.3 80 20 3,000 62.5 78 18 5,600 100.0 4,800 100.0 gs ee 2 Calculate the price, volume and mix variances for 2014.