Listen Table Chairs Actual units sold 10,000 40,000 Budgeted sales Actual selling price Budgeted selling price 8,820 33,180 $700 $900 $710 $930 Budgeted market share 15% 22% Actual market share 18% 20% Budgeted variable cost Actual variable cost SS $ 535 $ 700 $ 450 $ 800 Show all your calculation. Marks will not be rewarded without workings. Required: Indicate whether each variance is "Favourable" or "Unfavourable". 1 Calculate budget contribution margin (CM) for each product 2 Calculate actual contribution margin (CM) for each product 3 Calculate sales-volume variance 4 Calculate total sales-mix variance 5 Calculate total sales-quantity variance 6 Actual Market Size 7 Budger Market Size 8 Budgeted CM per composite unit 9 Market-share variance 10 Market-size variance 1.5 marks 1.5 marks 1.5 marks 1.5 marks 1.5 marks 1.5 marks 1.5 marks 1.5 marks 1.5 marks 1.5 marks