K ext paget The Pop Stop manufactures and sells three soft drinks: Kola, Lima, and Oranga. Budgeted and actual results for 2022 are as follows: (Click the icon to view the budgeted data) Required (Click the icon to view the actual data) 1. Compute the total sales-volume variance, the total sales-mix variance, and the total sales-quantity variance. (Calculate all variances in terms of contribution margin) Show results for each product in your computations 2. What inferences can you draw from the variances computed in requirement 17 Requirement 1. Compute the total sales volume variance, the total sales-mix variance, and the total sales-quantity variance. (Calculate all variances in terms of contribution margin.) Show results for each product in your computations Begin by computing the actual contribution margins (CM). Then, compute the budgeted contribution margins in dollars for each product and in total for 2022 Kola Actual CM 2 Lima 1.7 Orange 1.4 5.5 Total Actual data Budgeted data Actual for 2022 Budget for 2022 Selling Price Variable Cost per Case Cases Sold Selling Variable Cost Cases Kola Price per Case Sold Lima $6.70 $4.45 $ 4.70 480,000 $2.75 930,000 Kola $ 6.50 5:4.20 420,000 Oranga $7.20 $5.40 1,660,000 Lima $4.20 $ 2.80 740,000 Oranga $ 7.40 $ 5.30 1,550,000 Print Done - X