1. Mina Company is producing their bottle requirements. For each case of 24 eight-ounce bottles, the entity prescribed the following standard product mix: Material A @ 2.4 lb, $50/lbs; Material B @ 6 lb, $22/lbs and Material C @ 1.6 lbs, $15/lb. During the month of August, 25,000 cases were produced from an input of:

Material	Pounds	Cost Per Pound
A	63,700	$49
B	125,200	20.50
C	48,100	16

a. How much is the materials mix variance? b. How much is the materials yield variance?