56 Mark to review this question at it Teddy Bear Company sold a total of 30,000 stuffed toy tigers and lions in a given year. During August, the following information was gathered: Previous Next 1 2 3 2 Tigers Lions Actual selling price $7.50 $10.50 Budgeted selling price $5.50 $10.50 Actual sales mix 69% 31% Budgeted sales mix 75% 25% Actual variable costs $5.00 $6.50 Budgeted variable costs $4.75 $7.25 Budgeted unit sales 30,000 10.000 Required: a. What is the Teddy Bear Company total sales-mix variance? (3 marks) b. What is the Teddy Bear Company total sales-quantity variance? (3 marks) c. What is the Teddy Bear Company total sales-volume variance? (3 marks) d. Provide one recommendation to Teddy Bear that may improve its variance results. (1 mark) ONS