4 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: 10 points Flavor Vanilla Chocolate Strawberry Anchovy Required: Budgeted Data Actual Operating Results Selling Variable Price per Costs per Selling Price per Variable Costs per Gallons Gallon Gallon Gallons Gallon Gallon 282,000 $1.60 $0.90 222,000 $1.45 $0.80 352,500 2.20 1.30 322,500 2.05 1.20 235,000 2.15 1.05 365,000 2.35 1.10 70,500 3.20 1.70 190,500 3.70 1.90 1. Compute these variances for the individual flavors and total quantity sold. (Use the Contribution Margin in your calculations and do not round intermediate calculations.) a. b. Flavor Vanilla Sales Volume Variance $ Chocolate Strawberry (96,000) Unfavorable (66,000) Unfavorable (279,500) Favorable $ Anchovy 384,000 Favorable Sales Mix Variance 172,800 Unfavorable 198,000 Unfavorable 193,500 Favorable 345,600 Favorable Sales Quantity Variance $ 76,800 Favorable 132,000 Favorable 86,000 Favorable 38,400 Favorable Total $ 501,500 Favorable $ 168,300 Favorable $ 333,200 Favorable