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Matties Vineyards is a producer and wholesaler of three varieties of white wine. Sales data for November are given below: Sauvignon Blanc Chardonnay Riesling Budgeted

Matties Vineyards is a producer and wholesaler of three varieties of white wine. Sales data for November are given below:

Sauvignon Blanc Chardonnay Riesling
Budgeted selling price $ 7.7 $ 8.6 $ 7.1
Budgeted variable cost $ 5.7 $ 6.35 $ 5.1
Budgeted selling quantity 14600 units 5475 units 16425 units
Actual selling price $ 7.95 $ 8.45 $ 7.45
Actual variable cost $ 5.8 $ 6.45 $ 5.45
Actual selling quantity 10240 units 7680 units 14080 units

1. Compute the sales price variance for Sauvignon Blanc wine.

2. Compute the sales price variance for Chardonnay wine.

3. Compute the sales price variance for Riesling wine.

4. Compute the mix variance for Mattie's Vineyards for the year.

5. Compute the quanitity variance for Mattie's Vineyards for the year.

6. Compute the activity variance for Mattie's Vineyards for the year.

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