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Sandy's Snacks produces snack mixes for the gourmet and natural foods market (Click the icon to view the budgeted quantities and budgeted prices of direct materials) In the current period, Sandy's Snacks made 100 batches of Tempting Trail Mix with the following actual quantity, cost, and mix of inputs (Click the icon to view the actual quantity, cost, and mix of inputs) Read the requirements Requirement 2. Calculate the total direct materials efficiency variance. Select the formula and enter the amounts to calculate the total direct materials efficiency variance. Identify each variance as either factorable (F) or unfavorable (U) (Enter any quantity amounts as the number of cups Act. Actual, Budg Budgeted, Cran Cranberries, Effic Efficiency, Qty Quantity, Var Variance) Effic var Peanuts ( Cran ( Chocolate ( Total Requirement 3. Calculate the total direct materials mix and yield variances Begin by selecting the formula and entering the amounts to calculate the total direct materials mix vanance Identify each variance as either factorable (F) or unfavorable (U) (Enter any percentages in decimal format to two decimal places, 0 XX Abbreviations used AS of DM input = Actual price of direct materials input, ADM mix %-Actual direct matenals input mix percentage, ATQ inputs used- Actual total quantity of all direct materials inputs used, B$ of DM input-Budgeted price of direct materials input, BOM mox %= Budgeted direct matenals input mix percentage, BTQ inputs allowed = Budgeted total quantity of all direct materials inputs allowed for actual output, Mox var Direct materials mix variance for each input) Mix var
Sandy's Snacks produces snack mixes for the gourmet and natural foods market (Click the icon to view the budgeted quantities and budgeted prices of direct materials) CEEDED Peanuts ( Cran ( Chocolate ( in the current period, Sandy's Snacks made 100 batches of Tempting Trai Mix with the following actual quantity, cost, and mix o inputs (Click the icon to view the actual quantity, cost, and mix of inputs) Read the requirements Requirement 3. Calculate the total direct materials mox and yield variances Begin by selecting the formula and entering the amounts to calculate the total direct materials mix vanance Identify each variance as either factorable (F) or unfavorable (U) (Entor any percentages in decimal format to two decimal places, 0 XX Abbreviations used AS of DM input Actual price of direct materials input, ADM mix % Actual direct matenals input mix percentage, ATQ inputs used Actual total quantity of all direct materials inputs used, BS of DM input Budgeted price of direct materials input, BDM mix % Budgeted direct materials input mix percentage, BTQ inputs allowed Budgeted total quantity of all direct materials inputs allowed for actual output, Mor var Direct matenals mix variance for each input) Mox var Total Next, select the formula and enter the amounts to calculate the total direct materials yield vanance. Identify each variance as either factorable (F) or unfavorable (U) (Enter any percentages in decimal format to two decimal places, 0 XX Abbreviations used. A$ of DM input Actual price of direct materials indut, ADM mox %-Actual direct materials input mix percentage, ATQ inputs used Actual total quantity of all direct materials inputs used, BS of DM input-Budgeted price of direct materials input, BDM mix %= Budgeted direct materials input mox percentage, BTQ inputs allowed Budgeted total quantity of all direct materials inputs allowed for actual output Yield var. Danct materials mix variance for each input) .
Sandy's Snacks produces snack moxes for the gourmet and natural foods market (Click the icon to view the budgeted quantities and budgeted prices of direct materials) Next, select the formula and enter the amounts to calculate the total direct materials yield variance Identify each variance as either factorable (F) or unfavorable (U) (Enter any percentages in decimal format to two decimal places, 0 XX Abbreviations used AS of DM input-Actual price of direct materials input, ADM mox % = Actual direct materials input mox percentage, ATQ inputs used-Actual total quantity of all direct materials inputs used, BS of DM input-Budgeted price of direct materials input, BDM mix %= Budgeted direct materials input mix percentage, BTQ inputs allowed Budgeted total quantity of all direct materials inputs allowed for actual output. Yield var - Direct materials mix variance for each input) Peanuts ( Cran ( Chocolate ( In the current period, Sandy's Snacks made 100 batches of Tempting Trail Mox with the following actual quantity, cost, and mox of inputs (Click the icon to view the actual quantity, cost, and mix of inputs) Read the requirements Total Yold var Requirement 4. How do the variances calculated in requirement 3 relate to those calculated in requirement 2? What do the variances calculated in requirement 3 tell you about the 100 batches produced this period? Are the variances large enough to investigate? How do the variances calculated in requirement 3 relate to those calculated in requirement 27 OA. The total efficiency variance combines with the total mix variance to equal the total yield variance OBThe total mox variance combines with the total vield variance to equal the total efficiency variance
Sandy's Snacks produces snack mixes for the gourmet and natural foods market. (Click the icon to view the budgeted quantities and budgeted prices of direct materials) In the current period, Sandy's Snacks made 100 batches of Tempting Trail Mox with the following actual quantity, cost, and mox of inputs (Click the icon to view the actual quantity, cost, and mox of inputs) Read the requirements CILE Requirement 4. How do the variances calculated in requirement 3 relate to those calculated in requirement 2? What do the variances calculated in requirement 3 tell you about the 100 batches produced this period? Are the variances large enough to investigato? How do the variances calculated in requirement 3 relate to those calculated in requirement 27 OA. The total efficiency variance combines with the total mix variance to equal the total yield variance OB. The total mix variance combines with the total yield variance to equal the total efficiency variance OC. The total yield variance less the total mix variance equals the total efficiency variance OD. The total mix variance less the total yield variance equals the total efficiency variance What do the variances calculated in requirement 3 tell you about the 100 batches produced this period? The direct materials mix variance indicates that the actual product mix variance occurs because the amount of total inputs needed Are the variances large enough to investigate? the budgeted amount expected to produce 100 batches The mix variance since it is important element of the product's appeal to customers. The direct materials yield variance is largely due to the use of be investigated. The direct materials yield which is considered an
Data table Its most popular product is Tempting Trail Mix, a mixture of peanuts, dried cranbemes, and chocolate pieces. For each batch, the budgeted quantities and budgeted prices are as follows: Peanuts Dried cranberries Chocolate pieces D. The Total mix va What do the variances The direct materials mi variance occurs becaus Quantity per Batch 60 cups 30 cups 10 cups Price per Cup 1 2 $ $ $ Requirements 3 Data table Small changes to the standard mox of direct material quantities do not significantly: affect the overall end product. In addition, not all ingredients added to production end up in the finished product, as some are rejected during inspection Peanuts Dried cranberries Chocolate pieces Total actual 4 1. What is the budgeted cost of direct materials for the 100 batches? 2. Calculate the total direct materials efficiency variance Actual Quantity 6,720 cups 2.625 cups 1,155 cups 10,500 cups $ Actual Cost 5,712 5,775 3,350 14,837 $ - X 3. Calculate the total direct materials mix and yield variances. 4. How do the variances calculated in requirement 3 relate to those calculated in requirement 27 What do the variances calculated in requirement 3 tell you about the 100 batches produced this penod? Are the variances large enough to investigate? Actual Mix 64% 25% 100% he direct materials yield