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Please send solutions in Excel so I can see the math of it. 14-26 Variance analysis, working backward. The Hiro Corporation sells two brands of

Please send solutions in Excel so I can see the math of it.

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14-26 Variance analysis, working backward. The Hiro Corporation sells two brands of wine glasses: Plain and Chic. Hiro provides the following information for sales in the month of June 2017: Static-budget total contribution margin $15.525 Budgeted units to be sold of all glasses 2.300 units Budgeted contribution margin per unit of Plain $5 per unit Budgeted contribution margin per unit of Chic $12 per unit Total sales-quantity variance $2,700 U Actual sales-mix percentage of Plain 60% All variances are computed in contribution-margin terms. 1. Calculate the sales-quantity variances for each product for June 2017. 2. Calculate the individual-product and total sales-mix variances for June 2017. Calculate the individual- product and total sales-volume variances for June 2017. 3. Briefly describe the conclusions you can draw from the variances

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