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Springwater Brewery has two main products: premium and regular ale. Its operating results and master budget for 20XX (000s omitted) follow: Operating Results of 20XX

Springwater Brewery has two main products: premium and regular ale. Its operating results and master budget for 20XX (000s omitted) follow: Operating Results of 20XX Regular 630 Premium Total Premium Master Budget for 20XX Regular Total 210 840 260 390 650 $ 72,450 47,250 $ 25,200 5,000 $ 5,800 $ 20,200 $ 106,050 64,050 $ 42,000 16,000 $ 26,000 $ 39,000 20,800 $ 85,800 50,050 $ 35,750 16,000 $ 7,200 $ 12,550 Barrels Sales Variable expenses Contribution margin Fixed expenses Operating income $ 33,600 16,800 $ 16,800 11,000 $ 18,200 11,000 $ 46,800 29,250 $ 17,550 5,000 $ 19,750 Pam Kuder, CEO, expected the total industry sales to be 1,625,000 barrels during the period. After the year, Mark Goldfeder, the controller, reported that the total sales for the industry were 1,680,000 barrels. Market size variance for the period. Market share variance for the period. The sum of the market size variance and market share variance. Also, verify that this total equals the sales quantity variance. Market size variance Market share variance Sales quantity variance $ 6969 $ 9,240 Favorable 1,210 Favorable $ 10,450 Favorable

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