We investigate magnetoassociation of ultracold fermionic Feshbach molecules in a mixture of $^{40}$K and $^{87}$Rb atoms, where we can create as many as $7times 10^4$ $^{40}$K$^{87}$Rb molecules with a conversion efficiency as high as 45%. In the perturbative regime, we find that the conversion efficiency depends linearly on the density overlap of the two gases, with a slope that matches a parameter-free model that uses only the atom masses and the known Feshbach resonance parameters. In the saturated regime, we find that the maximum number of Feshbach molecules depends on the atoms phase-space density. At higher temperatures, our measurements agree with a phenomenological model that successfully describes the formation of bosonic molecules from either Bose or Fermi gases. However, for quantum degenerate atom gas mixtures, we measure significantly fewer molecules than this model predicts.
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