Lance Inc., produces a product using a process that allows for substitution between two materials, Alpha and Beta. The company has the following direct materials data for its product:

Standard costs for one unit of output
Alpha	26	units of input at	$	7.00
Beta	52	units of input at	$	15.50

The company had the following results in June:

Units of output produced 3,700 units
Materials purchased and used
Alpha	104,200	units at	$	6.50
Beta	184,400	units at	$	16.20

Required:

a. Compute materials price and efficiency variances. (Do not round intermediate calculations.)

	Alpha	Beta	Total
Materials price
Efficiency Variances

b. Compute materials mix and yield variances. (Do not round intermediate calculations.)

	Alpha	Beta	Total
Materials mix
Yield Variances