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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
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.) 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 cups Total Now select the formula and enter the amounts to calculate the budgeted cost of direct materials for 100 batches. Budgeted cost of 100 batches 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).
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