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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

image text in transcribed 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

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