Question 1. Rusti-Verres SNC sells two brands of wine glasses - Choc and Chic. Rusti-Verres provides the following information for sales in the month of June 2015: Static-budget total contribution margin SFr 5600 Budgeted units to be sold of all glasses in June 2015 2000 units Budgeted contribution margin per unit of Choc SFr 2 per unit Budgeted contribution margin per unit of Chic SFr 6 per unit Total sales-quantity variance SFr 1400 U Actual sales-mix percentage of Choc 60% All variances are to be calculated in contribution-margin terms. Required 1 Calculate the sales-quantity variances for each product for June 2015 2 Calculate the individual product and total sales-mix variances for June 2015. Calculate the individual product and total sales volume variances for June 2015 3 Briefly describe the conclusions you would draw from the variances