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What is the total mix variance

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Reference no: EM133105785

Question - Multigrain Bread Co. makes batches of 1,000 loaves of bread with the following standard mix and cost of grains:

Rye 180 kg $3.60

Oats 240 kg $1.20

Wheat 180 kg $2.40

In analyzing one day of production, the following was used to produce 120,000 loaves of bread:

Rye 22,320 kg

Oats 30,240 kg

Wheat 19,440 kg

Required - What is the total mix variance?

Reference no: EM133105785

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