Actual Operating Data Third Quarter 2012Required1. Compute the actual and budget

Actual Operating Data Third Quarter 2012Required1. Compute the actual and budgeted contribution margins in dollars for each product and in total for the third quarter of 2012.2. Calculate the actual and budgeted sales mixes for the three products for the third quarter of 2012.3. Calculate total sales-volume sales-mix and sales-quantity variances for the third quarter of 2012.(Calculate all variances in terms of contribution margins.)4. Given that your CEO is known to have temper tantrums you want to be well prepared for this meeting.In order to prepare write a paragraph or two comparing actual results to budgetedamounts.