Can someone please help me answer these questions? The last expert to answer it did not complete it and I believe it may have been incorrect.

QUESTION 1 (5 Marks) Stan Hodari is the owner and operator of Matterhorn Cycles Ltd., a chain of bicycle stores. Stan has a limited product offering, only two products, a mountain bike and a road bike. Sales price and cost of production varies between these products. For November 2020 actual and budgeted data is provided below for one of the stores: Actual for November 2020 Selling Price per Bicycle Variable Cost per Bicycle Sales Volume in Bicycles Contribution Margin per Bicycle $5,150 3,000 Road Bike Mountain Bike $12,550 11,250 $7,400 8,250 22 15 37 Actual sales mix: Road Bike Mountain Bike 59.46% 40.54% Budget for November 2020 Selling Price per Bicycle Variable Cost per Bicycle Sales Volume in Bicycles Contribution Margin per Bicycle $5,800 2,350 Road Bike Mountain Bike $13,100 10,950 $7,300 8,600 20 20 40 Budgeted sales mix: Road Bike 50.00% Mountain Bike 50.00% Matterhorn Cycles Ltd. conducts variance analysis using the contribution margin approach. Required: 1. Calculate the Sales-Mix Variance for the road bike, the mountain bike, and in total for November 2020. Clearly label the variances as either Favourable (F) or Unfavourable (U). Show all workings. (1.5 Marks) 2. Calculate the Sales-Quantity Variance for the road bike, the mountain bike, and in total for November 2020. Clearly label the variances as either Favourable (F) or Unfavourable (U). Show all workings. (1.5 Marks) 3. Assume Matterhorn Cycles derived its total unit sales budget from an estimate of a 40% market share and a total industry sales forecast of 100 bicycles. Actual industry sales were 130 bicycles. Calculate the Market Share Variance for Matterhorn Cycles for November 2020. Show all workings. (2 Marks)