What is the materials mix variance? Randy Inc. is a manufacturer of chocolates and uses two types of raw materials in the production of its products. Materials X and Y have the ff standards for the standard yield of 5,000 units: Material X Y Standard Mix 3,000 lbs 2,000 lbs Standard Price 2.00 per lbs. 1.00 per lbs. During the current month, the ff actual information was provided in relation to actual production of 40,000 units: Material Y Mix 25,000 lbs 20,000 lbs Price 2.50 per lbs 0.90 per lbs A. P2,000 UF B. P4,000 F C. P4,000 UF