Required information [The following information applies to the questions displayed below] Tall Pines Elrewerv (TPEii makes two specialty beers in its microbrewerv: Golden Ale and Dark Ale. Eloth beers sell for the same price per case in the US. 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 wt Avg CM Sales units (cases) Domestic 27,999 22,359 Export 12,999 19,599 Total 44,999 46,859 Price per case Domestic $ 98 $ 9? Export 199 192 Variable cost per case Domestic $ 6? $ 6? Export 28 ?3 Contribution margin per case Domestic $ 31 $ 39 Export 22 29 Total contribution margin Domestic $83?,999 $929,599 Export 374:999 555:599 $2?.522? ' Industry Industry Budget Actual Sales units (cases) Domestic 926,599 949,559 Export 655,499 665,?59 I 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 reflected the falling dollar. at $1.52 per euro