The following information relates to Question A12 to A15 Bristol Dairy Ltd produces and sells three different types of cheddar cheese in the same market. The budgeted and actual information for the month just ended is as follows: Budget Units Mild cheddar Matured cheddar Extra matured cheddar 60,000 80,000 50,000 Selling Price 3.00 3.25 3.50 Cost E 1.50 1.65 1.75 Actual Units Mild cheddar Matured cheddar Extra matured cheddar 58,000 86,000 48,000 Selling Price 3.00 3.00 3.60 The budgeted sales volumes were based on the forecasted total market size of 475,000. However, this forecast proved to be inaccurate, and the actual total market size is 460,000. Question A12 (REQUIRED) Calculate sales price variance of matured cheddar. (2 marks) Question A13 (REQUIRED) Calculate sales mix variance. (2 marks) Question A14 (REQUIRED) Calculate market size variance, (2 marks) Question A15 (REQUIRED) Calculate market share variance. (2 marks) Total 25 marks