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Problem 2 (16 points): The Tempest Company has the following information for the current year. Actual Budget Sales Units Product X 22,000 20,000 Product Y

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Problem 2 (16 points): The Tempest Company has the following information for the current year. Actual Budget Sales Units Product X 22,000 20,000 Product Y 33,000 30.000 Total 55,000 50,000 Sales Mix for each Product Product X 40.0% 40.0% Product Y 60.0% 60.0% 51.060,060 Price $10.000 60.900 Product X $22.00| $20.00 $1,200/100 -61.212,900 100,0809 6101,600 Product Y $35.00| $30.00 this to reduce DMV usage per Cos Variable Cost per Unit in buck Product X $15.00 $14.00 number of Product Y $16.00 $18.00 The industry budget is 2 million units and the actual result for the industry is 2.5 million units. of design shall of Cockss Required: 1. Compute the contribution margin sales mix variance for product X. 2. Compute the contribution margin sales mix variance for product Y. 3. Compute the contribution margin sales volume variance for product X. 4. Compute the contribution margin sales volume variance for product Y. 5. Compute the contribution margin sales quantity variance for product X. 6. Compute the contribution margin sales quantity variance for product Y. 7. Compute the market share variance for Tempest. 8. Computer the market size variance for Tempest. y comper a result of the productivity

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