Nutty Snacks produces snack mixes for the gourmet and natural foods market. (Click the icon to view the budgeted quantities and budgeted prices of direct materials.) In the current period, Nutty Snacks made 180 batches of Tempting Trail Mix with the following actual quantity, cost, and mix of inputs: (Click the icon to view the actual quantity, cost, and mix of inputs.) Read the Requirement 1. What is the budgeted cost of direct materials for the 180 batches? Begin by calculating the total budgeted number of cups and the budgeted cost of direct materials for one batch. Requirement 3. Calculate the total direct materials mix and yield variances. input mix percentage, BTQ inputs allowed = Budgeted total quantity of all direct materials inputs allowed for actual output, Mix var. = Direct materials mix variance for each input.) IUtal L. mix percentage, BTQ inputs allowed = Budgeted total quantity of all direct materials inputs allowed for actual output, Yield var. = Direct materials mix variance for each input.) Iotal How do the variances calculated in requirement 3 relate to those calculated in requirement 2 ? A. The total efficiency variance combines with the total mix variance to equal the total yield variance. B. The total yield variance less the total mix variance equals the total efficiency variance. C. The total mix variance combines with the total yield variance to equal the total efficiency variance. D. The total mix variance less the total yield variance equals the total efficiency variance. What do the variances calculated in requirement 3 tell you about the 180 batches produced this period? The direct materials mix variance indicates that the actual product mix The direct materials yield variance occurs because the amount of total inputs needed the budgeted amount expected to produce 180 batches. Are the variances large enough to investigate? The mix variance \lceil ] since it is largely due to the use of , which is considered an important element of the product's appeal to customers. The direct materials yield variance is be investigated. Data table Data table Its most popular product is Tempting Trail Mix, a mixture of peanuts, dried cranberries, and chocolate pieces. For each batch, the budgeted quantities and budgeted prices are Small changes to the standard mix of direct material quantities do not significantly as follows: affect the overall end product. In addition, not all ingredients added to production end up in the finished product, as some are rejected during inspection