Required information {The foiiowirrg information appiies to the questions dispi'ayed beiow] Ta|| Pines Brewery [TPEB] makes two specialty beers in its microbrewery: Golden Ale and Dark Ale. Both beers sell for the same price per case in the U.S. market and in the export market. The latter market is primarily European countries. Both beers also have the same variable production costs, though the export product has slightly higher variable costs due to shipping and other distribution costs associated with the export beers. The price, cost, and market information for the two beers are shown below: Budgeted Budgeted Actual Ht Avg CM Sales units (cases) Domestic 27,666 27,356 Export 17,666 19,566 Total 44,666 46, 356 Price per case Domestic $ 98 $ 9? Export 166 162 Variable cost per case Domestic $ 5? 5 6? Export ?8 73 Contribution margin per case Domestic $ 31 $ 36 Export 22 29 Total contribution margin Domestic $837,666 $826,566 Export 374,933 555,539 $27.522? Industry Industry Budget Actual Sales units (cases) Domestic 926,596 949,558 Export 655,466 665,?56 r____________________________________________________ The budget was prepared with the expectation that the currency exchange rate would be $1.34 per euro. The actual average exchange rate for the period reected the falling dollar, at $1.52 per euro. Required: 1. What is the market share variance? 2. What is the market size variance? 3. What is the selling price variance and sales volume variance? 4. What is the sales mix variance and sales quantity variance? [For all requirements. do not round intermediate calculations. Round your answers to 2 decimal places: 0 Answer is not complete. 1. Market share variance 1' 52.563310 Favorable a Marketsize variance $ 25,8?6.39 0 Favorable o 3. Selling price variance $ 11,650.01] 0 Favorable a Sales volume variance 1' 2,850.01] 9 Favorable a 4. Sales mix variance Unfavorable a Sales quantity variance Favorable a