Q1: Summary data relating to budget results for April 2006 are as follows: The flexible budget amount Spelling Price Variable Unit sold Industry cost/unit volume Memory (1) $1200 $700 700 Memory (2) 800 500 100 Memory (3) 5000 3000 200 1000 5000 825 650 400 165 110 1100 Budget market share 20% = 1000/5000. And a total industry sales of 5000 unit. Actual results: Memory (1) $1100 $500 Memory (2) Memory (3) 3500 2500 6875 unit Actual industry sales 6875, and actual market share? REQUIRE: 1. Static Budget variance 2. Flexible budget variance 3. Sales volume variance 4. Sales mix variance 5. Sales quantity variance 6. Market share variance 7. Market size variance