rket. ect materials) Data table In the current period, Sandy's Snacks made 100 batches of Tempting Trail Mix with the following actual quantity, cost, and mix of inputs: X Small changes to the standard mix of direct material quantities do not significantly 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. Actual Quantity Actual Cost Actual Mix Peanuts 6,720 cups $ 5,712 6496 Dried cranberries 2,625 cups 5,775 2596 1.155 cups 3,350 11% Chocolate pieces 10,500 cups $ 14,837 100% Total actual - X Data table its most popular product is Tempting Trail Mix, a mixture of peanuts, dried cranbemies, and chocolate pieces. For each batch, the budgeted quantities and budgeted prices are as follows Quantity per Batch Price per Cup Peanuts 60 cups $ 1 Dried cranberries 30 cups $ 2 Chocolate pieces 10 cups $ 3 Drie Done Requirement 1. What is the budgeted cost of direct materials for the 100 batches? Begin by calculating the total budgeted number of cups and the budgeted cost of direct materials for one batch. Quantity for Total Cost for One Batch Price of Input One Batch Peanuts Dried cranberries 60 cups $ 1 per cup 30 cups $ 2 per cup Chocolate pieces 10 cups $ 3 per cup Total cups Now select the formula and enter the amounts to calculate the budgeted cost of direct materials for 100 batches. Budgeted cost of 100 batches y Select the formula and enter the amounts to calculate the total direct materials efficiency variance. Identify each variance as either factorable (F) or unfavorable (U). C Cranberries, Effic. Efficiency, Qty. Quantity, Var. Variance.) Peanuts ( Cran. ( Chocolate ( Total Effic. var Begin by selecting the formula and entering the amounts to calculate the total direct materials mix variance. Identify each variance as either factorable (F) or unfavorable (U). (Enter any pe used: AS of DM input Actual price of direct materials input, ADM mix % Actual direct materials input mix percentage, ATQ inputs used: Actual total quantity of all direct materials inputs Budgeted total quantity of all direct materials inputs allowed for actual output. Mix var. Direct materials mix var Mix var % Budgeted direct materials input mix percentage, BTQ inputs allowed Peanuts ( Cran. ( Chocolate ( Total Next, select the formula and enter the amounts to calculate the total direct materials yield variance. Identify each variance as either factorable (F) or unfavorable (U). (Enter any pe DM input Actual price of direct materials input. ADM mix % Actual direct materials input mix percentage, ATQ inputs used: Actual total quantity of all direct materials inputs use Budgeted direct materials input mix percentage, BTQ inputs allowed Budgeted total quantity of all direct materials inputs allowed for actual output, Yield var. Direct materials m Peanuts ( Cran. ( Chocolate ( Total Yield var How do the variances calculated in requirement 3 relate to those calculated in requ OA. The total mis vasance less the total yield variance equals the total efficiency variance O. The total yield variance less the total mix viriance equals the total efficiency variance OC. The total efficiency variance combines with the total mix variance to equal the total yield variance OD. The total mix variance combines with the total yield variance to equal the total efficiency vanance What do the variances calculated in requirement 3 tell you about the 100 batches produced this period? The direct materials mix vanance indicates that the actual product m amount expected to produce 100 batches. Ave the variances large enough to investig The mix variance variance since i largely due to the use of be investigated The dret materials yield variance occurs because the amount of total puts needed which is considered an important element of the products appeal to aims. The deed mate