14-27 Variance analysis, multiple products. Soda-King manufactures and sells two soft drinks: Kola and Limor. Budgeted and actual results for 2017 are as follows: Budget for 2017 Actual for 2017 Selling Variable Cost Cartons Selling Variable Cost Cartons Product Kolo Price per Carton Sold Price per Carton Sold $10.00 $5.50 500,000 $10.10 $5.75 504,300 Limor $ 7.50 $4.00 750,000 $ 7.75 $3.70 725,700 1. Compute the total sales-volume variance, the total sales-mix variance, and the total sales-quantity variance. (Calculate all variances in terms of contribution margin.) Show results for each product in your computations. 2. What inferences can you draw from the variances computed in requirement 1?