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Vet-Pro, Inc., produces a veterinary grade anti-anxiety mixture for pets with behavioral problems. Two chemical solutions, Aranol and Lendyl, are mixed and heated to produce

Vet-Pro, Inc., produces a veterinary grade anti-anxiety mixture for pets with behavioral problems. Two chemical solutions, Aranol and Lendyl, are mixed and heated to produce a chemical that is sold to companies that produce the anti-anxiety pills. The mixture is produced in batches and has the following standards:

Direct Material Standard Mix Standard Unit Price Standard Cost
Aranol 2,200 gallons $6.00 per gallon $13,200
Lendyl 17,800 8.00 142,400
Total 20,000 gallons $155,600
Yield 16,000 gallons

During March, the following actual production information was provided:

Direct Material Actual Mix
Aranol 44,000 gallons
Lendyl 156,000
Total 200,000 gallons
Yield 166,000 gallons

Required:

1. Compute the direct materials mix and yield variances. In your computations, round the standard cost of the yield to 3 decimal places. Use rounded number in the subsequent computations.

Mix variance $fill in the blank 1

FavorableUnfavorable

Yield variance $fill in the blank 3

FavorableUnfavorable

2. Compute the total direct materials usage variance for Aranol and Lendyl. $fill in the blank 5

FavorableUnfavorable

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