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3. Jessie's Jams is well known for its Black N' Blue Jam, which consists of a mix of blueberries, blackberries and raspberries. The standard ingredients
3. Jessie's Jams is well known for its Black N' Blue Jam, which consists of a mix of blueberries, blackberries and raspberries. The standard ingredients and cost for 80 kilograms of jam are as follows Kilograms Price/kg Blueberries Blackberries Raspberries 15 60 25 $0.48 $0.42 $0.36 During the month of July, Jessie's produced 240,000 kilograms of jam using the following inputs and prices Kilograms Price/kg Blueberries Blackberries Raspberries 58,000 176,000 86,000 $0.45 $0.42 $0.33 What were the total mix and yield variances for the month of July? a) Mix variance: 240 U; Yield variance: 0 b) Mix variance: 240 U; Yield variance: 8,280 U c) Mix variance: 2,245 F; Yield variance: 8,280 U d) Mix variance: 2,245 F; Yield variance: 8,520 U
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