The Soda Shoppe manufactures and sells three soft drinks: Kola, Lima, and Oranga. Budgeted and actual results for 2018 are as follows: Click the icon to view the budgeted data.) (Click the icon to view the actual data.) Required 1. Compute the total sales-volume variance, the total sales-mix variance, and the total sales-quantity variance. (Calculate all variances in terms of contribution margin.) Show results for each product in your computations. 2. What inferences can you draw from the variances computed in requirement 1? Budgeted data - X Actual data - X iter Budget for 2018 Actual for 2018 Selling Variable Cost Cases Variable Cost Cases Selling Price Price per Case Sold per Case Sold Kola $ 4.40 Kola $ 4.90 $ 6.00 $ 4.80 $ 7.70 $ 6.20 $ 5.05 $ 2.90 480,000 760,000 1,800,000 Lima Oranga Lima $ 2.85 500,000 900,000 1,620,000 $ 4.70 Oranga $ 7.50 $ 4.80