Electra Corp. produces two products: A and B. Information on these two products is as follows: A B Budget price per unit $130 $145 Budget variable costs per unit $ 60 $ 67 Sales volume in units: Actual 15,000 6,500 Budget 10,080 7,420 Required: Calculate and explain the following variances for Electra Corp.: a) Sales volume variance (2 marks) b) Sales mix variance