16-20 Variance analysis, multiple products. Sodaking manufactures and sells three soft drinks: Kola, Limor, and Orem. Budgeted and actual results for 2015 are as follows: Product Kola Limor Orlem Budget for 2015 Variable Selling Cost per Cases Price Case Sold $6.00 $4.00 400,000 4.00 2.80 600,000 7.00 4.50 1,500,000 Actual for 2015 Variable Selling Cost per Cases Price Case Sold $6.20 $4.50 480,000 4.25 2.75 900,000 6.80 4.60 1,620,000 Required 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