Jay Banning, CEO and a major stockholder of Banning Incorporated, was unhappy with its operating results for the past year. The company manufactures two environmentally friendly industrial caliber cleaning machines used primarily in automobile repair shops, gas stations, and auto dealerships. The master budget and operating results for the year (000s omitted except for the selling price per unit) follow:

	Actual		Budget
	T10	S40	T10	S40
Sales	$ 144,000	$ 59,085	$ 115,000	$ 55,000
Variable cost	61,100	17,300	50,000	25,000
Contribution	$ 82,900	$ 41,785	$ 65,000	$ 30,000
Fixed cost	10,000	10,000	10,000	10,000
Operating income	$ 72,900	$ 31,785	$ 55,000	$ 20,000
Units sold	1,200	1,515
Unit selling price			$ 100	$ 40

Required:

1. Compute the contribution margin flexible-budget variance, contribution margin sales volume variance, contribution margin sales quantity variance, and contribution margin sales mix variance for each product and for the firm. (Do not round intermediate calculations and round your final answers to the nearest whole dollar amount.)