Ericson Inc. manufactures and sells two fruit drinks: Kostor and Limba. Budgeted and actual results for...

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Ericson Inc. manufactures and sells two fruit drinks: Kostor and Limba. Budgeted and actual results for 2020 are as follows: (Click the icon to view the budgeted and actual results.) Read the requirements. Requirement 1. Compute the total sales-volume variance, the total sales-mix variance, and the total sales-quantity variance. (Calculate all variances in terms of contribution margin.) Show results for each product in your computations. (Enter all variances as positive numbers. Label each variance as favorable (F) or unfavorable (U).) The total sales-volume variance is Data table Budget for 2020 Actual for 2020 Selling Variable Cost Cartons Product Price per Carton Sold Kostor $ 15.00 $ 10.10 168,000 $ 15.50 $ Limba $ 20.00 $ Selling Price Variable Cost Cartons per Carton Sold 12.35 112,000 $ 21.20 $ 10.95 172,900 12.20 93,100 Print Done Requirements 1. Compute the total sales-volume variance, the total sales-mix variance, and the total sales-quantity variance. (Calculate all variances in terms of contribution margin.) Show results for each product in your computations. 2. What inferences can you draw from the variances computed in requirement 1? Print Done - x Ericson Inc. manufactures and sells two fruit drinks: Kostor and Limba. Budgeted and actual results for 2020 are as follows: (Click the icon to view the budgeted and actual results.) Read the requirements. Requirement 1. Compute the total sales-volume variance, the total sales-mix variance, and the total sales-quantity variance. (Calculate all variances in terms of contribution margin.) Show results for each product in your computations. (Enter all variances as positive numbers. Label each variance as favorable (F) or unfavorable (U).) The total sales-volume variance is Data table Budget for 2020 Actual for 2020 Selling Variable Cost Cartons Product Price per Carton Sold Kostor $ 15.00 $ 10.10 168,000 $ 15.50 $ Limba $ 20.00 $ Selling Price Variable Cost Cartons per Carton Sold 12.35 112,000 $ 21.20 $ 10.95 172,900 12.20 93,100 Print Done Requirements 1. Compute the total sales-volume variance, the total sales-mix variance, and the total sales-quantity variance. (Calculate all variances in terms of contribution margin.) Show results for each product in your computations. 2. What inferences can you draw from the variances computed in requirement 1? Print Done - x