Variances-Sales

Fort Co produces and sells three models of family car: a basic model (the Drastic), an upgraded model (the Bomber) and a deluxe model (the Cracker). All of the cars are priced to achieve a 6% mark up on standard cost. For the month of June, Fort Co budgeted to sell 30,000 units of the Drastic and so have 10% market share of the budgeted sales at a price of $10,600 each. Fort Co. actually achieved a 15% share of the market, though the market had actually contracted by 5%. The following information is available for July. Drastic Bomber Cracker Sales units: – Budgeted 27,000 15,000 18,000 – Actual 26,000 16,000 14,000 Budgeted sales price $10,600 $13,250 $16,960 1 Which option correctly fills the gaps in the paragraph? "The difference between the sales quantity and _____________ variances is that the standard _______________is considered in the former. The difference between standard and actual is ________________." A volume, mix, ignored B price, mix, calculated C volume, quantity, ignored D price, quantity, calculated Can you please explain the meaning of what is the question is trying to ask and how are the options filled in the blanks.