New Englands Productions uses two materials in the production of its product. The materials, X and Y, have the following standards:

mix variance is

Material X Y

Standard Mix 5000 units 7000 units

Standard Unit Price $2 per unit $3 per unit

Standard Cost $10,000 $21,000

Yield During July, the following actual production information was provided:

Material X Y

Yield

Actual Mix 6500 units 6500 units

10800 units

11100 units

10. 10 Refer to the Figure above. What is the materials mix variance?

    1. A $866 (U)

    2. B $1083 (U)

    3. C $1083 (F)

    4. D $866 (F)

11. 11 Refer to the Figure above. What is the materials usage variance?

    1. A $1667 (F)

    2. B $639 (U)

    3. C $639 (F)

    4. D $1667 (U)

12 Refer to the Figure above. What is the materials yield variance?

1. A $1722 (U)

2. B $600 (U)

3. C $600 (F)

4. D $1722 (F)