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. 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 Chewy 2,000 bars $200 140 $ 60 40 Chunky 2,000 bars $400 320 $ 80 40 Choco-Lite 4,000 bars $600 460 $140 60 Total 8,000 bars $1,200 929 $ 280 140 $ 20 $ 40 $ 80 $ 140 50 $ 90 Actual Total 7,800 bars $162 $1,162 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 Chewy 1,600 bars $ 112 $ 50 42 Chunky 2,000 bars $400 322 $ 78 44 $ 34 Choco-Lite 4,200 bars $600 464 $136 63 $ 73 898 $ $ 264 149 $ 8 $ 115 55 $ 60 Industry volume was estimated at 80 million bars for budgeting purposes. Actual industry volume for July was 76 million bars. Required: Break down the total activity variance into sales mix and quantity parts. (Do not round intermediate calculations. Enter your answers in thousands. Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option.) Sales mix variance Quantity variance