Snoopy Corporation (20 marks) The Snoopy Corporation (SC) sells two brands of sunglasses: Aviator and Chic. SC provides the following information for sales in the month of June 2023: Static-budget total contribution margin Budgeted units to be sold of all glasses Budgeted contribution margin per pair of Aviators Budgeted contribution margin per pair of Chics Total sales-quantity variance Actual sales-mix percentage of Aviators All variances are to be computed in contribution-margin terms Required: $16,560 2,300 units $6 per unit $12 per unit 7,920 U 60% 1. Calculate and briefly conclude regarding the sales-quantity variances for each product for June 2023. (5 marks) 2. Calculate and briefly conclude regarding the individual-product and total sales-mix variances for June 2023. (5 marks) 3. Calculate and briefly conclude regarding the individual-product and total sales-volume variances for June 2023. (5 marks) 4. Snoopy is disappointed by the performance of aviators (because they're his favourite!). His friend Woodstock suggested the unfavourable performance of this product line might have something to do with a misaligned value proposition, but snoopy does not know what this means! Explain the concept of a value proposition for Snoopy (he doesn't really understand accounting so use simple language ), and suggest ways his can improve the value proposition offered by the Aviator line of sunglasses. Be sure to explain your answers. (5 marks)