Required: mix variance, yield variance, efficiency variance, and purchase price variance for Chem A, Chem B, Chem C, and Total.

Plano Products manufactures a wide variety of chemical compounds and liquids for Industrial uses. The standard mix for producing a single batch of 100 liters of its biggest selling product is as follows. Input Chemical Cher Chem. Chen.c Quantity in liters) 39 79 Cost (per liter) $47 31 22 Total Cost $1,833 2,449 154 14,436 125 There is a standard 20 percent loss in liquid volume during processing due to evaporation. The finished liguld is put into 29 liter containers for sale. Thus, the standard material cost for a 29 liter container is $1,286.44 ($4.436 100 liters) 29 liters per container The actual quantities of direct materials and the cost of the materials placed in production during September were as follows (materials are purchased and used at the same time) Input Chemical Che Chew Chec Quantity (in ter) 2,360 10,900 22540 4,100 Total cost $1,004,245 1,452,320 1,461,220 $3,926,730 A total of 9,900 containers (287100 liters) were produced during September Required: Calculate the total direct material variance for the liquid product for the month of September and then further analyze the total variance into 2. & b. Materials price and efficiency variances and materials mix and yield variances (Do not round Intermediate calculations. Round Standard mix volues" to 3 decimal places. Indicate the effect of each variance by selecting "F" for favorable, or "U" for Required: Calculate the total direct material variance for the liquid product for the month of September and then further analyzet variance into: a. & b. Materials price and efficiency variances and materials mix and yield variances. (Do not round intermediate calcu "Standard mix values" to 3 decimal places. Indicate the effect of each variance by selecting "F" for favorable, or "U" unfavorable. If there is no effect, do not select either option. Enter your answers rounded to the nearest whole num Direct Material Yield Variance Efficiency Variance Mix Variance Purchase Price Variance Input Chemical Chem-A Chem B Chem-C Total