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 ChunkyChooo-Lite ba4000 bars Total ,000 bas $1.560 1.280 s 280 Contribution margin Manufacturing fixed cost Product margin Marketing and administrative costs (all fixed) 36 126 Operating profat Actual 600 bars 112 2.000 bars 2bars 7,800 ba 1.472 1.210 s 262 Sales-dollars (in thousands) Variable costs Contribution margin Manufacturing fixed cost Product margin Marketing and administrative costs (all fixed) s 56 S 2 s 16 5 124 Operating profi Industry volume was estimated at 87.0 million bars for budgeting purposes. Actual industry volume for July was 79.5 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.)