Borg Power Trains produces drive-train components for all-wheel drive automobiles. For the year ended June 30, 2015 the budgeted and actual results are as follows. (In thousands of dollars) Actual Budget Difference Net Sales $8,305 $7,437 $ 868 Cost of sales (variable) 5.000 4,500 500 Cost of sales (fixed) 1.549 1.379 170 Gross Profit 1.756 1,558 198 Selling general, and administrative expenses (variable) 94 63 31 Selling, general, and administrative expenses (fixed) 699 640 59 Operating Income 963 855 108 1. What is the total budget variance for the year? 2. Budgets projected sales of 100,000 clutches at $30.27 each (variable costs $19.08) and 90.000 transfer cases at $49 each (variable costs $29.50). Borg sold 110,000 clutches for $3,305,000 and 100,000 transfer cases for $5.000,000. What is the HorribleSubs - Sob... DOUBLE DEGREE:... F Gross Profit 1.756 1.558 198 Selling, general, and administrative expenses (variable) 94 63 31 Selling, general, and administrative expenses (fixed) 699 640 59 Operating Income 963 855 108 1. What is the total budget variance for the year? 2. Budgets projected sales of 100,000 clutches at $30.27 each (variable costs $19.08) and 90,000 transfer cases at $49 each (variable costs $29.50). Borg sold 110.000 clutches for $3,305,000 and 100,000 transfer cases for $5,000,000. What is the flexible budget variance and the sales volume variance in contribution margin? 3. What are the sales-mix and the sales-quantity variances? 4. Assuming a projected market of 2 million clutches and 2.5 million transfer cases and actual market sales of 2.4 million clutches and 2.6 million transfer cases, calculate the market size and market share variances for clutches. Editor HTML BIVA A: I = = = = = = = = VG T TT 12pt Paragra