The main product for Simply Nuts Corporation is a can of mixed nuts and spices. It is a combination of hazelnuts, pecans, brazilnuts and the special spices. Below are the budgeted quantities and budgeted prices for the direct materials used in each batch of 100 cans. BUDGET Quantity for One Batch Price of Input Hazelnuts 180 cups $1 per cup Pecans 300 cups $2 per cup Brazilnuts 90 cups $3 per cup Spices 30 cups $6 per cup The company can change the mix of the direct materials slightly and the quality is not affected. There is also some product rejected during inspection, so all materials added to production dont end up in the finished products. Last month, there were 25 batches run and 2,500 cans were produced. Below are the actual quantities, mix and cost of the materials.

Actual Quantity Actual Price Actual Mix Hazelnuts 5280 cups $5,280 33% Pecans 7520 cups $15,040 47% Brazilnuts 2720 cups $8,160 17% Spices 480 cups $2,880 3% Total 16000 cups $31,360 100%

1.What is the total budgeted cost of direct materials for all 2500 tins? $31,360 $30,750 $1,230 $11,032.50

2.Calculate the total direct materials efficiency variance. $0 $30,750 U $ 30,750 F $610 U

3.What is the total direct materials price variance? $610 F $31,360 F 0 $610 U

4.Calculate the total direct materials mix and yield variance. $1440 F Mix, $2050 U Yield $2050 U Mix, $1440 F Yield $610 U Mix, $2050 U Yield $0 Mix, $610 U Yield