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Stronghold Corporation uses two materials, P and Q, to manufacture a product. The following standards are provided: Materials P Q Yield Standard Mix 66
Stronghold Corporation uses two materials, P and Q, to manufacture a product. The following standards are provided: Materials P Q Yield Standard Mix 66 units 34 units 80 units 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 Standard unit price $4 $5 Required: (1) Without computing the mix variance, please explain whether the mix variance is favorable or unfavorable. (2) Compute the yield variance. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac) Standard cost $264 $170
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