Sandy's Snacks produces snack mixes for the gourmet and natural foods market. In the current period, Sandy's Snacks made 100 batches of (Click the icon to view the budaeted auantities and budaeted orices of Tempting Trail Mix with the following actual quantity, cost, and mix of inputs: Data table Data table Its most popular product is Tempting Trail Mix, a mixture Small changes to the standard mix of direct material quantities do not significantly of peanuts, dried cranberries, and chocolate pieces. For affect the overall end product. In addition, not all ingredients added to production each batch, the budgeted quantities and budgeted prices are end up in the finished product, as some are rejected during inspection. as follows: 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. Now select the formula and enter the amounts to calculate the budgeted cost of direct materials for 100 batches. =Budgetedcostof100batches= 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 as either factorable (F) or unfavorable (U). (Enter any quantity amounts as the number of cups. Act. = Actual, Budg. = Budgeted, Cran. = Cranberries, Effic. = Efficiency, Qty. = Quantity, Var. = Variance.) Peanuts ( 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, 0.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.) 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 percentages in decimal format to two decimal places, 0.XX. Abbreviations 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 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, Yield var. = Direct materials mix variance for each input.) Requirement 4. How do the variances calculated in requirement 3 relate to those calculated in requirement 2 ? What do the variances calculated in requirement 3 tell you about the 100 batches produced this period? Are the variances large enough to investigate? How do the variances calculated in requirement 3 relate to those calculated in requirement 2 ? A. The total yield variance less the total mix variance equals the total efficiency variance. B. The total mix variance less the total yield 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 efficiency variance combines with the total mix variance to equal the total yield variance. What do the variances calculated in requirement 3 tell you about the 100 batches produced this period? The direct materials mix variance indicates that the actual product mix [ occurs because the amount of total inputs needed the budgeted amount expected to produce 100 batches. Are the variances large enough to investigate? The mix variance [sinceitislargelyduetotheuseof important element of the product's appeal to customers. The direct materials yield variance is be investigated