Stronghold Corporation uses two materials, P and Q, to manufacture product. The following standards are provided: Materials P Q Yield Standard Mix 66 units 34 units 80 units Stard unit price 54 $5 Standard cost $264 $170 During the month of November, the following actual production information was provided: Materials P Q Yield Actual Mix 3,000 units 2,000 units. 3,800 units Required: (1) Without computing the mix variance, please explain whether the mix variance is favorable or unfavorable. (2) Compute the yield variance. Stronghold Corporation uses two materials. P and Q, to manufacture a product. The following standards are provided: Materials P Yield Standard Mix 66 units 34 units 80 units Standard unit ice $4 $5 Standard cost $264 $170 During the month of November, the following actual production information was provided: Materials P Q Yield Actual Mix 3,000 units 2,000 units 3,800 units Required: (1) Without computing the mix variance, please explain whether the mix variance is favorable or unfavorable. (2) Compute the yield variance