The S Company produces and sells two product lines with the following budgeted revenues and expenses. Expected total industry sales (units) Expected S Company sales (units) Budgeted selling price per unit Variable costs per unit Actual results for 20x2 included: Actual industry sales Actual S Company sales Actual selling price (unit) Product X Product Y 82,100 142,000 8,810 38,000 140 220 65 110 Product X Product Y 96,00 16,000 155 162,000 32,600 198 Required: 1. Calculate the sales volume, sales-quantity and market-size variances: 2 In your opinion, when a large market-size favourable variance could be an issue?