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Agrippa manufactures Grippas using a standard of two kilograms of plastic and three kilograms of steel for each unit. The budgeted cost of plastic is

Agrippa manufactures Grippas using a standard of two kilograms of plastic and three kilograms of steel for each unit. The budgeted cost of plastic is $13 per kilogram and $9.50 per kilogram for steel. During the year the company used 5,400 kilograms of plastic and 9,000 kilograms of steel to produce 2,760 Grippas.

Calculate the yield variance of raw materials.

Calculate the mix variance of raw materials?

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