Market Press Shopping Cart Variables

First I am not having problems with WPMU Dashboard. I am trying to ask a question about a plugin I wish to install and I could not ask without selecting a plugin. My question is about Market Press. I would like to use several different variations on a product just like this one:

Will I be able to do that with Market Press? I watched the YouTube video and it looked like I could only add variations for one drop down… So I thought I should ask before I installed it.