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Appendix; Mix and yield variances Hennessey Company produces 12-ounce cans of mixed pecans and cashews. Standard and actual information follows: Standard Quantities and Costs (12-oz.
Appendix; Mix and yield variances Hennessey Company produces 12-ounce cans of mixed pecans and cashews. Standard and actual information follows: Standard Quantities and Costs (12-oz. can) Pecans: 6 ounces at $6.00 per pound Cashews: 6 ounces at $8.00 per pound $2.25 3.00 Actual Quantities and Costs for Production of 86,400 Cans Pecans: 37,330 pounds at $5.80 per pound Cashews: 30,542 pounds at $8.50 per pound Determine the material price, mix, and yield variances. Note: Do not use negative signs with your answers. Note: Round your final answers to the nearest whole dollar. Material price variance $ 0 Material mix variance $ 0 Material yield variance $ 0 Please answer all parts of the
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