Piper Products sold $406,000$ units during the last period when industry volume totaled $2\mathrm{.}8$ million units. The company originallyAllonby Foods processes frozen meals for sale in grocery and other retail outlets. Two versions are produced: The FlavorPak version

has a budgeted price of $$16$ per case and a standard variable cost of $$9$ per case. The Gourmet version has a budgeted price of $$29$

per case and a standard variable cost of $$18$ per case. At the beginning of the year, the Marketing Group at Allonby estimated that the

company would sell $60,000$ cases of the FlavorPak version and $36,000$ cases of the Gourmet version. The actual results for the year

showed that $56,700$ cases of the FlavorPak version and $37,800$ cases of the Gourmet version were sold. Total revenues generated by

sales of both versions amounted to $$1,993,950$ with $$1,058,400$ coming from the Gourmet version sales.

Required:

a$.$ Compute the sales activity variance for the year.

b$.$ Compute the mix and quantity variances for the year.

Complete this question by entering your answers in the tabs below.

Compute the sales activity variance for the year.

Note: 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.

Y

expected to sell $442,500$ based on a budgeted market share of $15$ percent. The budgeted selling price was $$13$ per unit. Budgeted

variable costs were $$5$ per unit. Budget fixed costs were $$1,770,000$ and applied based on units produced.

Required:

Compute the sales activity variance, and break it down into market share variance and the industry volume variance.

Note: 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.