[The following information applies to the questions displayed below.) Tall Pines Brewery (TPB) makes two specialty beers in its microbrewery: Golden Ale and Dark Ale. Both beers sell for the same price per case in the U.S. market and in the export market. The latter market is primarily European countries. Both beers also have the same variable production costs, though the export product has slightly higher variable costs due to shipping and other distribution costs associated with the export beers. The price, cost, and market information for the two beers are shown below: Budgeted Wt Avg CM Budgeted Actual 38,000 28,000 66,000 38,350 30, 500 68,850 $ 120 129 $ 119 122 122 Sales units (cases) Domestic Export Total Price per case Domestic Export Variable cost per case Domestic Export Contribution margin per case Domestic Export Total contribution margin Domestic Export $ 78 100 $ 78 CO 42 22 $ O $1,596,000 616,000 $1,572,350 1,220,000 $33.5152 Industry Budget Industry Actual Sales units (cases) Domestic Export 981,500 699,400 1,004,550 709, 750 Industry Budget Industry Actual Sales units (cases) Domestic Export 981,500 699,400 1,004,550 709, 750 The budget was prepared with the expectation that the currency exchange rate would be $1.45 per euro. The actual average exchange rate for the period reflected the falling dollar, at $1.74 per euro. Required: 1. What is the market share variance? 2. What is the market size variance? 3. What is the selling price variance and sales volume variance? 4. What is the sales mix variance and sales quantity variance? (For all requirements, do not round intermediate calculations. Round your answers to 2 decimal places.) 1. Market share variance 2. Market size variance 3. Selling price variance Sales volume variance 4. Sales mix variance Sales quantity variance