Question: Question #16.) A company has two substitutable inputs (peanuts and candy) for its finished goods units (trail mix). Typically the firm uses 12 kilograms of

Question #16.) A company has two substitutable inputs (peanuts and candy) for its finished goods units (trail mix). Typically the firm uses 12 kilograms of peanuts for every 3 kilograms of candy.

- Peanut standard price is $2.00 per kilogram - Candy standard price is $6.00 per kilogram - Peanut actual price is $3.00 per kilogram - Candy actual price is $5.00 per kilogram

During this period, the firm instead actually used 900 kilograms of peanuts and 100 kilograms of candy (producing a total of 1,000 kilograms of trail mix).

What is the firm's mix variance for trail mix this period?

a.$200 unfavorable b.$400 favorable c.$400 unfavorable d.$200 favorable

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