Question 30 (1 point) Majani Chai has an exclusive contract with Tea Distributors. Two brands of Teas are imported, Premium and Mild, and sold to retail outlets. The monthly budget for the contract is based on a combination of last year's performance, a forecast of general industry sales, and the company's expected share of the Canadian market for imported Tea. The following information is provided for the month of July: Budgeted Budgeted Mild Actual Actual Premium Premium Mild Price per kg $2.00 $3.00 $2.50 $2.50 Variable cost \/kg 1.00 1.50 1.00 2.00 Cont. margin $1.00 $1.50 $1.50 $0.50 Sales (in kg) 2,000 1,500 1,700 1,800 Budgeted fixed costs are $1,750. Actual fixed costs are $2,000. What is the Majani Chai's sales-volume variance (contribution margin) for Premium Sales (in kg) 2,000 1,500 1,700 1,800 Budgeted fixed costs are $1,750. Actual fixed costs are $2,000. What is the Majani Chai's sales-volume variance (contribution margin) for Premium tea? A) $600 unfavourable B) $900 unfavourable C) $900 favourable D) $300 unfavourable E) $600 favourable