The Variant Template Edit Page Structure is managed via the tree on the left menu panel. It will display all of your available variant groups so you can easily select to edit their variants.
The right hand panel will display the settings for each variant group selected from the left panel or when you are adding a new variant group and combining existing variant groups.
Variant groups which appear from the left panel with a forward slash between group names indicate combined variant groups you have made earlier.
Variant Template Editor.