Peninsula Candy Company makes three types of candy bars: Chewy, Chunky, and Choco-Lite (Lite). Sales volume for the annual budget is determined by estimating the total market volume for candy bars and then applying the company's prior year market share, adjusted for planned changes due to company programs for the coming year. Volume Is apportioned among the three bars based on the prior year's product mix, again adjusted for planned changes for the coming year. The following are the company budget and the results of operations for July. Chevy 1,600 bars $176 136 $ 40 Chunky 1,600 bars S 256 200 $ 56 Choco-Lite 3,200 bars $768 672 $ 96 Budget Sales-units (in thousands) Sales-dollars (in thousands) Variable costs Contribution margin Manufacturing fixed cost Product margin Marketing and administrative costs (all fixed) Operating profit Total 6,400 bars $1,200 1,008 $ 192 123 $ 69 45 $ 24 37 56 $10 $ 19 $ 40 Chewy 1,200 bars Choco-Lite 3,300 bars Chunky 1,600 bars $256 214 S 42 Total 6,100 bars $1,108 $768 667 $101 S 31 $ 174 121 Actual Sales-units (in thousands) Sales-dollars (in thousands) Variable costs Contribution margin Manufacturing fixed cost Product margin Marketing and administrative costo (all fixed) Operating profit $ 45 53 Industry volume was estimated at 96.0 million bars for budgeting purposes. Actual industry volume for July was 90.240 million bars. Required: a. Determine the sales price and sales activity variances. b. Break down the sales activity variance into the parts caused by industry volume and market share