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5. The sum of sales quantity variance and sales mix variance. Also, verify that this total equals the sales volume variance.6. Market size variance for

5. The sum of sales quantity variance and sales mix variance. Also, verify that this total equals the sales volume variance.6. Market size variance for the period.7. Market share variance for the period.8. The sum of the market size variance and market share variance. Also, verify the total equals the sales quantity variance.

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Ret Springwater Brewery has two main products: premium and regular ale. Its operating results and master budget for 20XX (000s omitted) follow. Operating Results of 20XX Master Budget for 20Xx Premium Regular Total Premium Regular Total Barrels 220 099 880 280 420 700 Sales $ 35, 200 $ 75,900 $ 111, 100 $ 42,000 $ 50, 400 $ 92,400 Variable expenses 17, 600 46, 200 63, 800 22, 400 29, 400 51, 800 Contribution margin $ 17, 600 $ 29, 700 $ 47, 300 $ 19, 600 $ 21, 000 $ 40, 600 Fixed expenses 11, 000 8,000 19, 060 11, 000 8,900 19,000 Operating income $ 6, 600 $ 21, 700 $ 28, 300 $ 8,600 $ 13, 000 $ 21, 600 Pam Kuder, CEO, expected the total industry sales to be 2,500,000 barrels during the period. After the year, Mark Goldfeder, the controller, reported that the total sales for the industry were 2,750,000 barrels. Required: Calculate the following: 1. Selling price variances for the period for each product and for the firm. 2. Sales volume variances for the period for each product and for the firm. 3. Sales quantity variances for each product and the firm. 4. Sales mix variances for the period for each product and for the firm. E The room of the color ationtiti Inrionen and salon miv Marianos Alan unriful that this total Animals the salon uAluma inrianon

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