ABC Inc manufactures industrial dryers and washers. During July the following data are available:

Required: Determine the following:

1) Sales-mix and sales-quantity variances

2) Market-share and market-size variances (for calculation purposes round combined actual and budgeted market share percentages to six decimal places).

Actual units sold Budgeted sales Actual selling price Budgeted selling price Budgeted market share Actual market share Budget cont. margin /unit Dryers 10,000 8,820 $700 $710 25% 20% $275 Washers 40,000 33,180 $900 $930 24% 25% $375