Variance analysis, multiple products. Emcee Inc. manufactures and sells two fruit drinks: Kostor and Limba. Budgeted and actual results for 2017 are as follows: Budget for 2017 Actual for 2017 Selling Variable Cost Product Kostor Limba Price per Carton $12.00 $7.20 Cartons Sold 130,000 Selling Variable Cost Cartons Price per Carton Sold $12.50 $8.00 132,000 $15.00 $8.25 120,000 $16.00 $7.75 108,000 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?