Now, if you want to separate the mix and volume variances by each product -
{"Image DocumentName": "Now, if you want to separate the mix and volume variances by each product -", "Image ImageDescription": "We can find this by using the following equation: Mix variance = [(Total act. Vol. of sales   Bud. Proportion) \u2013 (Act. Vol. of sales)   (Bud. Unit contribution)] Volume variance = is easy to compute; We already computed the combined variance. From this, subtract the mix variance to be computed using above equation = Volume variance. Let us look at exhibit 10.6 from the textbook.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}