Cyclops Cycles manufactures two models of dirtbikes for the Alberta market, the Pegasus and the Phoenix models. ~ Based on a projected Alberta market size of 9,600 dirtbikes sold Cyclops budgeted the following 2021 results: 2,000 Pegasus models sold @ a contribution margin of $3,500 each 1,200 Phoenix models sold @ a contribution margin of $4,200 each At the end of 2021 Cyclops determined that 10,000 dirtbikes had been sold Alberta- wide. The actual results for Cyclops were: 2,394 Pegasus models sold @ $3,200 contribution margin per unit 1,409 Phoenix models sold @ $4,100 contribution margin per unit Required: a) Complete a Management Variance Report b) Comment on the four variances management would find most actionable and explain their specific causes in Cyclops's case. Be specific in your comments and explanations.<