Data Table $ Static-budget total contribution margin 13,800 Budgeted units to be sold of all glasses 2,400 units Budgeted contribution margin per unit of Plain $5 per unit Budgeted contribution margin per unit of Chic $8 per unit Total sales-quantity variance $4,025 U Actual sales-mix percentage of Plain 60% Print Done 0 Requirements 1. Calculate the sales-quantity variances for each product for June 2017 2. Calculate the individual-product and total sales-mix variances for June 2017 Calculate the individual-product and total sales-volume variances for June 2017 3. Briefly describe the conclusions you can draw from the variances. Print Done The Kato Corporation sells two brands of wine glasses: Plain and Chic. Kato provides the following information for sales in the month of June 2017: (Click the icon to view the data for sales.) All variances are computed in contribution-margin terms. Read the requirements. Requirement 1. Calculate the sales-quantity variances for each product for June 2017 Begin by determining the basic formula for Kato Corporation's static-budget total contribution margin (CM). Plain wine glasses Chic wine glasses Budgeted Budgeted Budgeted Budgeted Budgeted Budgeted ) + ( Static-budget total CM