Gallons Vanilla 354,000 Margot's Ice Cream operates several stores in a major metropolitan city and its suburbs. Its budget and operating data for the current year follow: Flavor Budgeted Data Selling Price per Gallon Actual Operating Results Variable Costs per Gallon Selling Price per Gallons Gallon Variable Costs per Gallon $ 2.20 $ 1.50 294,000 $ 2.05 $ 1.40 Chocolate: 442,500 3.40 2.50 412,500 3.25 2.40 Strawberry Anchovy 295,000 2.75 1.65 425,000 2.95 1.70 88,500 4.40 2.90 208,500 4.90 3.10 Required: 1. Compute these variances for the individual flavors and total quantity sold. (Use the Contribution Margin in your calculations and do not round intermediate calculations.) < Prev 5 of 5 Next HUAWEI