The following information is available for the production of utils: STANDARDS

Ingredients Pounds Price per pound Total

A 400 $2 $800

B 800 4 3,200

C 800 6 ­4,800

Input 2,000

Output 1,500

ACTUAL RESULTS

Ingredients Pounds Price per pound

A 50,000 $2.10

B 60,000 3.95

C 90,000 7.00 ­

Input 200,000

Output 120,000

REQUIRED: Calculate the yield variance.