120. Paquindo Co. has two products: X and Y. The firm had the following budget and operating results for the period just ended. The budgeted total industry sales for both products was 324,800 units and the actual industry sales was 350,000. Master Budget Product X Product Y Total Sales $324,800 $426,300 $751,100 Variable costs 194,880 213,150 408,030 Contribution margin 129,920 213,150 $343,070 Fixed costs 162,000 130,000 292,000 Operating income $(32,080 $83,150 $51,070 Selling price per unit $160 $70 Operating Results Operating Results Product X Product Y Total Sales $365,400 $457,500 $822,900 Variable costs 243,600 201,300 444,900 Contribution margin 121,800 256,200 378,000 Fixed costs 163,000 130,000 293,000 Operating income $(41,200 ) $126,200 $ 85,000 Units sold 2,100 4,900 Required: (A) Calculate the contribution margin sales volume variance for Product X. (B) Calculate the contribution margin sales volume variance for Product Y. (C) Calculate the sales mix variance for Product X. (D) Calculate the sales quantity variance for Product X. (E) Calculate the sales mix variance for Product Y. (F) Calculate the sales quantity variance for Product Y. (G) Calculate the market share variance for both products. (H) Calculate the market size variance for both products.