. Sandy's Snacks produces snack mixes for the gourmet and natural foods market. Its most popular product is Tempting Trail Mix, a mixture of peanuts, dried cranberries, and chocolate pieces. For each batch, the budgeted quantities and budgeted prices are as follows: Quantity per Batch 60 cups 30 cups Price per Cup $1 Peanuts Dried cranberries $2 Chocolate pieces 10 cups Small changes to the standard mix of direct materials reflected in the above quantities do not significantly affect the overall end product. In addition, not all ingredients added to production end up in the finished product, as some are rejected during inspection. In the current period, Sandy's Snacks made 100 batches of Tempting Trail Mix with the following actual quantity, cost, and mix of inputs: Actual Quantity 6,720 cups 2,625 cups 1,155 cups 10,500 cups Actual Cost Actual Mix Peanuts $ 5,712 64% Dried cranberries 5,775 25% Chocolate pieces 3,350 11% $14,837 Total actual 100%

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Q.Calculate the total direct materials mix and yield variances.

. Sandy's Snacks produces snack mixes for
the gourmet and natural foods market. Its most popular product is Tempting Trail Mix, a mixture of peanuts,
dried cranberries, and chocolate pieces. For each batch, the budgeted quantities and budgeted prices are
as follows:
Quantity per Batch
60 cups
30 cups
Price per Cup
$1
Peanuts
Dried cranberries
$2
Chocolate pieces
10 cups
Small changes to the standard mix of direct materials reflected in the above quantities do not significantly
affect the overall end product. In addition, not all ingredients added to production end up in the finished
product, as some are rejected during inspection.
In the current period, Sandy's Snacks made 100 batches of Tempting Trail Mix with the following actual
quantity, cost, and mix of inputs:
Actual Quantity
6,720 cups
2,625 cups
1,155 cups
10,500 cups
Actual Cost
Actual Mix
Peanuts
$ 5,712
64%
Dried cranberries
5,775
25%
Chocolate pieces
3,350
11%
$14,837
Total actual
100%
Transcribed Image Text:. Sandy's Snacks produces snack mixes for the gourmet and natural foods market. Its most popular product is Tempting Trail Mix, a mixture of peanuts, dried cranberries, and chocolate pieces. For each batch, the budgeted quantities and budgeted prices are as follows: Quantity per Batch 60 cups 30 cups Price per Cup $1 Peanuts Dried cranberries $2 Chocolate pieces 10 cups Small changes to the standard mix of direct materials reflected in the above quantities do not significantly affect the overall end product. In addition, not all ingredients added to production end up in the finished product, as some are rejected during inspection. In the current period, Sandy's Snacks made 100 batches of Tempting Trail Mix with the following actual quantity, cost, and mix of inputs: Actual Quantity 6,720 cups 2,625 cups 1,155 cups 10,500 cups Actual Cost Actual Mix Peanuts $ 5,712 64% Dried cranberries 5,775 25% Chocolate pieces 3,350 11% $14,837 Total actual 100%
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