Lake Cellars produces and sells white wine. The following data concern the three varietals of white wine the company currently offers. Sales data for August are given below:

Required
a. Compute the sales price variance for all three wines.
b. Compute the activity variance for Lake Cellars for August.
c. Compute the mix and quantity variances for Lake Cellars for August.

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Sauvignorn Blanc Total $9.00 $6.00 20,000 $9.25 $6.15 ....22,000 Chardonnay Riesling $700 $5.00 12,000 $710 $4.90 11,500 $10.00 $7.50 8,000 $9.80 $7.60 8,500 40,000 Actual variable cost . . Actual selling quantity .. . . . 42,000