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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: There is a standard 20 percent loss in llquid volume during processing due to evaporation. The finished liquid is put into 10 -gallon containers for sale. Thus, the standard materlal cost for a 10-gallon container is $462.50[=($4,625100 gallons) 10 gallons per container] The actual quantities of direct materials and the cost of the materlals 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 materlal varlance for the liquid product for the month of March and then further analyze the total varlance Into: a. and b. Materials price and efficlency variances and materials mix and yleld varlances. Note: Do not round Intermedlate calculations. Indlcate the effect of each varlance by selecting "F" for favorable; or "U" for unfavorable. If there is no effect, do not select elther option