Question: Question 2. Regis Ltd. uses two materials in the production of its product. The materials, X and Y, have the following standards: Material Standard Mix

Question 2. Regis Ltd. uses two materials in the production of its product. The materials, X and Y, have the following standards: Material Standard Mix 3,500 units Y 1,500 units Yield 4,000 units Standard Unit Price 1.00 per unit 3.00 per unit Standard Cost 3,500 4,500 During April, the following actual production information was provided: Material Actual Mix 30,000 units 20,000 units 36,000 units Y Yield 2.1 What is the materials mix variance? 2.2. What is the materials yield variance? 2. 3 What is the materials usage variance

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