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. Chewy 2,000 bars $240 180 $ 60 40 $ 20 Chunky 2,000 bars $360 300 $ 60 38 $ 22 Choco-Lite 4,000 bars $720 560 $160 Total 8,000 bars $1,320 1,040 $ 280 138 $ 142 55 $ 87 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 Actual 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 1,700 bars $102 58 2,000 bars $360 304 $ 56 4,100 bars $720 564 $156 59 $ 97 $ 7,800 bars $1,182 926 $ 256 136 $ 120 44 $ 76 $ 6 $ 17 Industry volume was estimated at 96.5 million bars for budgeting purposes. Actual industry volume for July was 92.5 million bars. Required: Break down the total activity variance into sales mix and quantity parts. (Do not round intermediate calculations. 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