Sandy's 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, Sandy's Snacks made 100 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 requirements. Requirement 2. Calculate the total direct materials efficiency variance. Select the formula and enter the amounts to calculate the total direct materials efficiency variance. Identify each variance Budgeted, Cran. = Cranberries, Effic. = Efficiency, Qty. = Quantity, Var. = Variance.) either factorable (F) or unfavorable (U). (Enter any quantity amounts as the number of cups. Act. = Actual, Budg. = Effic, var Peanuts Cran. 1 = Chocolate Total Requirement 3. Calculate the total direct materials mix and yield variances. 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 percentages in decimal format to two decimal places, O.XX. Abbreviations used: A$ 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 used, B$ of DM input = Budgeted price of direct materials input, BDM mix % = Budgeted direct materials 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.) Mix var. Peanuts ) * Cran. ) Chocolate D)* Total . X Data table ance rect m ; Var. 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 64% Dried cranberries 25% 2,625 cups 1,155 cups 5,775 3,350 11% Chocolate pieces 10,500 cups 14,837 100% Total actual varia E late the als in f la but m Print Done - X Data table Er 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 as follows: Quantity per Batch Price per Cup Peanuts 60 cups $ 1 Dried cranberries 30 cups $ 2 Chocolate pieces 10 cups $ 3 ad- Print Done
