TshengPty Ltd produces the basic fillings used in many popularpies, savoury items and rolls.Tshenguses standard costing and carries over no inventory from one month to the next. Thesavouryproduct group's results for June were:

Performance report June
	Actual results	Static budget
Units (litres)	459000	446000
Revenues	$2927600	$2746300
Variable manufacturing costs	1846900	1597432
Contribution margin	$1080700	$1148868

Cindy Crawford, the business manager forsavouryproducts, is pleased that morequantitiesofpieswere sold than budgeted and that revenues were up. Unfortunately, variable manufacturing costs went up too. The bottom line is that contribution margin declined by $68,186, which is just over 2% of the budgeted revenues of $2746300. Overall,Cindyfeels that the business is running fine.

Required

2. Calculate the static-budget variance in units, revenues, variable manufacturing costs and contribution margin. What percentage is each static-budget variance relative to its static-budget amount?
4. Break down each static-budget variance into a flexible-budget variance and a sales-volume variance.
6. Calculate the selling-price variance.