Question 7 (2.5 points) The company produces two different models having different profit margin. Based on the information below, compute total sales mix variance (in terms of CM) of the company. (Hint: Compute UCM and sales mix for each product, which will be used for next three questions following.) (Note: The same table is used for Questions 7 through 11.) Budget Actual VC per VC per Unit Unit Model Model A Model B Selling Price $11 $13 Unites Sold 150 150 Selling Price $9 $14 Unites Sold 117 143 $5 $9 $4 $10 Actual Units Sold for all models Actual Sales-Mix Budgeted Sales-Mix Percentage Budgeted Contribution Margin per Unit Sales- Mix Variance ( Percentage a) $37 U b) $37 F c) $26 F d) $26 U Question 8 (2.5 points) The company produces two different models having different profit margin. Based on the information below, compute the budgeted contribution margin per composite unit for the budgeted sales mix. (Note: The same table is used for Questions 7 through 11.) Budget Actual vc per VC per Unit Unit Model Model A Model B Selling Price $11 $13 Unites Sold 150 150 Selling Price $9 $14 Unites Sold 117 143 $5 $9 $4 $10 a) $8 b) $7 c) $5 d) $6