The Kinetic Modification Group (KMG) produces a gasoline additive, Gas Gain. This product increases engine efficiency and improves gasoline mileage by creating a more complete burn in the combustion process. Careful controls are required during the production process to insure that the proper mix of input chemicals is achieved and that evaporation is controlled. Loss of output and efficiency may result if the controls are not effective.

The quantities of chemicals purchased and used during the current production period are shown in the schedule below. A total of 230 batches of Gas Gain were manufactured during the current production period. The controller of KMG has determined its costs and chemical usage variations at the end of the production period

What is the total materials mix variance? (Round your final answer to 2 decimal places.)
$531.66.
$234.43.
$970.00.
$297.23.

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Std inputStd cost quantityper literTotal cost Chemical Echol Prote Benz CT-40 290 S 0.200 S 190 350 58.00 80.75 52.50 23.60 S 214.85 0.425 0.150 0.400 59 889 Quantity Quantity Chemicalpurchased Total cost Echol Prote Benz CT-40 used 67,400 19,34842,320 79,870 13,110 202,700 62,700 S69,73 42,700 84,500 13,770 203,670 11.175 6.808