1 Required Information [The following informotion opplies to the questions clisployed below] ...

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Accounting

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Required Information
[The following informotion opplies to the questions clisployed below]
Toll Pines Brewery (TPB) makes two specialty beers in its microbrewery: Golden Ale ond Dork Ale. Both beers sell for the
some price per cose in the U.S. morket and in the export morket. The latter morket is primarily Europeon countries. Both
beers also hove the same vorisble production costs, though the export product hos slightly higher vorisble costs due to
shipping and other distribution costs associated with the export beers. The price, cost, and market information for the two
beers ore shown below:
Sales units (cases)
Donestic 1,001,580,1,024,550
Export: 715,480,725,750
Export
Industry Budget Industry Actual
715,480725,750
The budget was prepored with the expectation that the currency exchange rate would be $1.49 per euro. The actual
average exchange rate for the period reflected the falling dollar, ot $1.82 per euro.
Required:
What is the contribution margin market share variance?
What is the contribution morgin market size variance?
What are the selling price variance ond soles volume variance?
What are the soles mix variance and sales quantity voriance?
(For all requirements, do not round Intermedlate calculations. Round your answers to 2 decimal places.)
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