Refer to the data for the Peninsula Candy Company (Problem 17-42). Break down the total activity variance into sales mix and quantity parts.

Data From Problem 17-42:

Peninsula Candy Company makes three types of candy bars: Chewy, Chunky, and Choco-Lite (Lite). Sales volume for the annual budget is determined by estimating the total market volume for candy bars and then applying the company’s prior year market share, adjusted for planned changes due to company programs for the coming year. Volume is apportioned among the three bars based on the prior year’s product mix, again adjusted for planned changes for the coming year.

The following are the company budget and the results of operations for July.

                          

Industry volume was estimated at 80 million bars for budgeting purposes. Actual industry volume for July was 76 million bars.