(c) above. QUESTION THREE A) The scent makers company produces perfumes. To make this perfume three different types of fluids are used Dycone, Cycone and Bycone are applied in proportions of 4/10, 3/10 and 3/10 respectively at standard and their standard costs are Sh. 6, Sh. 3.5 and Sh. 2.5 per pint respectively. The chief engineer reported that in the past few months the standard yield has been at 80% on 100,000 pints of mix. The company maintains a policy of not carrying any direct materials as storage space is costly. Production has been set at 4,160,000 pints of perfume for the year. Last week the company produced 75,000 pints of perfume at a total direct materials cost of Sh. 449,500. Actual number of pints used and costs per pint for the three fluids follow: Direct material Dycone Cycone Bycone Required Actual Quantity (Pints) Actual Price (cost per pint) 45.000 Sh. 5.50 35,000 Sh. 4.20 20,000 Sh. 2.75 100,000 Compute the following variances clearly providing an explanation: i. Material Price Variance ii. Material yield variance iii. Material mix variances. (5 marks) T (5 Marks) (5 Marks) B) Discuss Five methods used in the allocation of Joint costs to the joint Products. (5 Marks) (2 Ma