(Appendix 10C)Yukon Company expressed the total expenses (Y)component of its master budget for March with the cost formula Y = $100,000 + $40 * X,where X represents the expected number of units of its only product to be manufactured and sold.The budgeted average selling price per unit was $65 for budgeted sales volume 5,000 units based on an estimated industry volume of 50,000 units.Reported actual results for February were as follows: 
*Actual industry sales volume was 60,000 units.
Required:
a)Calculate the flexible budget variance and analyze it into sales price variance and cost/expense variance(s).
b)Calculate the sales volume variance and analyze it into market-size (industry volume)variance and market-share variance.
c)On the basis of your analysis in parts (a)and (b),would you recommend a bonus be paid to the sales manager? Why or why not?
Definitions:
Racial Categories
Classifications of humans into groups based on physical traits, ancestry, genetics, or social relations, often used for demographic purposes but critiqued for reinforcing stereotypes.
Biracial
Refers to individuals or groups composed of or pertaining to two different racial lineages.
Blackness
A term referring to the cultural, historical, and social experiences, identities, and expressions associated with people of African descent.
Indian Problem
A term historically used to describe the challenges and policies related to Native Americans by European settlers and American policymakers.
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