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In: AccountingMargot’s Ice Cream operates several stores in a majormetropolitan city and its suburbs. Its budget...Margot’s Ice Cream operates several stores in a majormetropolitan city and its suburbs. Its budget and operating datafor the current year follow:FlavorBudgeted DataActual Operating ResultsGallonsSelling Price per GallonVariable Costs per GallonGallonsSelling Price per GallonVariable Costs per GallonVanilla276,000$1.55$0.85216,000$1.40$0.75Chocolate345,0002.101.20315,0001.951.10Strawberry230,0002.101.00360,0002.301.05Anchovy69,0003.101.60189,0003.601.80Required:1. Compute these variances for the individual flavors and totalquantity sold. (Do not round intermediatecalculations.)abcFlavorSales Volume Variance (Number+ Favorable or Unfavorable)Sales Mix Variance(Number+ Favorable or Unfavorable)Sales Quantity Variance(Number+ Favorable or Unfavorable)VanilaChocolateStrawberryAnchovyTotal