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Margots Ice Cream operates several stores in a major metropolitan city and its suburbs. Its budget and operating data for the current year follow: Flavor

Margots 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 Actual Operating Results Gallons Selling Price per Gallon Variable Costs per Gallon Gallons Selling Price per Gallon Variable Costs per Gallon Vanilla 318,000 $ 1.90 $ 1.20 258,000 $ 1.75 $ 1.10 Chocolate 397,500 2.80 1.90 367,500 2.65 1.80 Strawberry 265,000 2.45 1.35 395,000 2.65 1.40 Anchovy 79,500 3.80 2.30 199,500 4.30 2.50 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.)

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