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Stacy, Inc., produces a product using a process that allows for substitution between two materials,...

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Stacy, 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 Beta 58 units of input at 116 units of input at $6.00 $7.50 The company had the following results in June Units of output produced 2,900 units Materials purchased and used Alpha Beta 176,200 units at 328.400 units at $5.20 $8.20 Required a. Compute materials price and efficiency variances. (Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option.) Beta Materials price Efficiency variances b. Compute materials mix and yield variances. (Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option.) Alpha Beta Materials mix Yield variances

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