answer questions a-d

The body shop recently introduced two new specialty cream smells. One is aorange smell called Orangey. mm is a coconut smell called Coco. You have been asked to calculate marketing variances for the orange and coco smells. Actual and budget data for these two products is as follows: Actual Budget Orange coco. Orange. coco Sales $370,500 $165,000 $267,750 $202,500 Variable Costs 195,000 66,000 A 87,750 Contribution Margin 175,500 99,000 126,000 114,750 Liters Sold 39,000 11,000 31,500 13,500 Market Data: Expected Market: orange 315 ,000 COCO A Actual Market: orange 325,000 coco 100,000 REQUIRED: 1) Calculate the following variances for both m (15 marks) The budgeted contribution margin per unit Sales Price Variance Sales Volume Variance Sales Mix Variance Sales Quantity Variance Market Volume Variance Market Share Variance remap-99's