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

Santa Toy Shop produces toys. During November, the following information was gathered:

Dart Board

Lego Sets

Dolls

Breyer Horses

Golf Sets

Stuffed Toys

Budgeted units sold

175

500

400

125

600

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!

*Calculate numbers to three to four decimal points!

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