17. (10 points) Valve Inc. manufactures three types of hydraulic valves: HV1, JV9 and the AV22. Budgeted and actual operating data for the most recent year are as follows:

HV1	JV9	AV22
Budget:
Units sold	131,250	210,000	183,750
Revenue per unit	$ 50.00	$ 60.00	$ 30.00
Variable cost per unit	$ 20.00	$ 25.00	$ 15.00
Actual:
Units sold	192,500	137,500	220,000
Revenue per unit	$ 45.00	$ 65.00	$ 32.00
Variable cost per unit	$ 25.00	$ 28.00	$ 15.00

a. Calculate the sales-mix variance for each product and in total. b. Calculate the sales-quantity variance for each product and in total.

c. From your analysis above what is the primary significance of the Sales Mix Variance amount? What should be managements main concern here? (discuss issue, not repetition of financial calcs above)