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The company produces and sells white wine. The following data concern the three varieties of white wine the company currently offers. Sales data for August

The company produces and sells white wine. The following data concern the three varieties of white wine the company currently offers. Sales data for August are given as follows.

Sauvignon Blanc Chardonnay Riesling Total
Budgeted selling price $ 10.46 $ 11.71 $ 8.41
Budgeted variable cost $ 7.65 $ 9.20 $ 6.00
Budgeted selling quantity 19,500 7,700 12,300 39,500
Actual selling price $ 10.55 $ 6.55 $ 8.55
Actual variable cost $ 7.25 $ 9.05 $ 6.50
Actual selling quantity 20,700 7,800 12,200 40,700

Required:

a. Compute the sales price variance for all three wines.

b. Compute the activity variance for the company for August.

c. Compute the mix and quantity variances for the company for August.

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