First off, I wouldn't mix synthetic with regular oil. You can get a nasty seperation leaving parts not properly lubricated. If I were you I would flush the oil and switch back to regular oil, especially with the burn. Synthetic would get very expensive to top up and 850's don't seem to be bother by regular oil as long as it is a quality grade. (in fact in the manual you will see Volvo recommends "energy conserving oils" vs. performance oils) Try to use the same brand and viscosity every service unless you live in a climate that goes to cold winter to hot summer like were I live. The viscosity of the oil you use is related to the outside tempuratures because of the temperature of the oil on start-up and the cooling properties outside temperature will have when at operating tempurature. So, this said the thinner oil (eg. 5W/30) is a cold weather oil. It breaks down easier at high temperatures but remains a very good lubricant in colder climates, the thicker stuff can get a bit gummy. A high temperature oil (eg. 15W/40) is an exeptional oil in very hot weather or if your engine is running hotter than the normal motor (such as hotter plugs, mods, etc.)
This is what I recommend and use all year long. Non-synthetic SAE 10W/30. It can handle cold tempuratures down to -20C (-4F) and stabile outside tempurature to +40C (+104F). If you live in a hotter area than this use SAE 15W/40. Colder use SAE 5W/40 (has a better hot range than 5W/30).
Well it sounds like you are using 10W/30 which sounds right. After you flush the synthetic(mix, yikes!) and put in a good grade 10W/30 back in, run it a bit and do a compression test (engine should be at operating temperature for an accurate read).
A compression test should be inexpensive and give a result if one or more cylinders are damaged. At least you'll know. You may even know someone you can borrow a compression tester from. It looks like a pressure guage with a cord to an end that screws into where the spark plug is. Turn over the engine a few times (hot) with it in and you can read the cylinder pressure on the guage. As easy as that.
I also suspect that maybe the synthetic switch may be the culprate to the whole problem, especially mixed with old oil.
Definatley try switching back and see if the burn continues (with a full flush).
Adding oil constantly will not harm the motor, only if the oil gets low (keep it readable on the dip stick at all times!!!). As long as it is burning though I would change the oil more frequently as recommended because burned oil deposites that have lost there lubricating properties will be left behind in circulation in the motor.
Let us know how it goes, what problems and solutions you come across.
-Spearzy