The Durham Corporation produces oil-based paint, water-based paint, and latex-based paint. The following is the budget and actual data for the most recent year: Budget Actual Sales of oil-based paint in cans 100,000 95,000 Sales of water-based paint in cans 80,000 82,000 Sales of latex-based paint in cans 95,000 90,000 Selling price per can of oil-based paint $30 $32 Selling price per can of water-based paint $25 $22 Selling price per can of latex-based paint $32 $28 Variable expense per can of oil-based paint $21 $23 Variable expense per can of water-based paint $15 $14 Variable expense per can of latex-based paint $22 $24 Market volume of oil-based paint in cans 420,000 480,000 Market volume of water-based paint in cans 350,000 420,000 Market volume of latex-based paint in cans 480,000 460,000 Required 1. Calculate the sales-price variance for latex-based paint 2. Calculate the sales-volume variance for latex-based paint 3. Calculate the sales-quantity variance for oil-based paint 4. Calculate the sales-mix variance for water-based paint 5. Calculate the market-volume variance for oil-based paint 6. Calculate the market-share variance for water-based paint