16-52 Sales Volume, Sales Quantity, and Sales Mix Variances Margot's Ice Cream operates several stores in a major metropolitan city and its suburbs. Its budget and operating data for the current year follow: Budgeted Data Actual Operating Results Selling Price per Variable Costs per Selling Price per Variable Costs per Flavor Gallons Gallon Gallon Gallons Gallon Gallon Vanilla 240,000 $1.25 $0.55 180,000 $1.10 $0.45 Chocolate 300,000 1.50 0.60 270,000 1.35 0.50 Strawberry 200,000 1.80 0.70 330,000 2.00 0.75 Anchovy 60,000 2.50 1.00 180,000 3.00 1.20 Required 1. Compute these variances for the individual flavors and total quantity sold: a. Sales volume. b. Sales mix. c. Sales quantity. 2. Assess sales in the current year based on your analyses