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McKinney Solvents produces a wide varlety products for the manufacturing industry. The standard mix for producing a single batch of 100 gallons of its biggest selling product is as follows containers for sale. Thus, the standard material cost for a 10-gallon container is $462.50[=($4,625100 gallons )10 gallons per container] The actual quantities of direct materlals and the cost of the materials placed in production during March were as follows (materials are purchased and used at the same time) A total of 5,060 containers ( 50,600 gallons) were produced during March Required: Calculate the total direct material variance for the llquid product for the month of March and then further analyze the total varlance Into: o. and b. Materials price and efficlency variances and materials mix and yieid variances Note: Do not round Intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfovorable. If there is no effect, do not select elther option