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Santa Toy Shop produces toys. During November, the following information was gathered: Dart Lego Breyer Golf Stuffed Board Sets Dolls Horses Sets Toys Budgeted units

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Santa Toy Shop produces toys. During November, the following information was gathered: Dart Lego Breyer Golf Stuffed Board Sets Dolls Horses Sets Toys Budgeted units sold 175 500 400 125 500 300 Actual units sold 200 400 250 140 500 350 Budgeted selling price $5 $30 $11 $40 $80 $18 Actual selling price $8 $25 $12 $45 $75 $28 Budgeted variable cost $2 $18 $5 $20 $35 $10 Actual variable cost $3 $15 $4 $25 $30 $11 Actual market size was 20,000, whereas budgeted market share was 16%. REQUIRED: 1. Compute the total, sales price, variable cost, flexible-budget, sales-volume, sales-mix, sales- quantity, market-share, and market-size variances. Be sure to indicate whether each is favorable or unfavorable! 2. Calculate numbers to three to four decimal points! 3. An Executive Summary is required

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