5. To make 100 kg of a fertilizer, Topgrow, requires the following: Material Ingredient J Ingredient K Ingredient L 25 kg at £2 per kg 75 kg at £1 per kg 50 kg at £4 per kg In November, 23,000 kg of Topgrow was produced and 5,000 kg of J, 16,000 kg of K and 15,000 kg of L were used. What was the material yield variance in November?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter7: Budgeting
Section: Chapter Questions
Problem 17EA: The production cost for a waterproof phone case is $7 per unit and fixed costs are $23,000 per...
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(a) £2,167 A
(b) £2,167 F
(c) £3,250 A
(d) £3,250 F
Transcribed Image Text:(a) £2,167 A (b) £2,167 F (c) £3,250 A (d) £3,250 F
5.
To make 100 kg of a fertilizer, Topgrow, requires the following:
Material
Ingredient J
Ingredient K
Ingredient L
25 kg at £2 per kg
75 kg at £1 per kg
50 kg at £4 per kg
In November, 23,000 kg of Topgrow was produced and 5,000 kg of J,
16,000 kg of K and 15,000 kg of L were used.
What was the material yield variance in November?
Transcribed Image Text:5. To make 100 kg of a fertilizer, Topgrow, requires the following: Material Ingredient J Ingredient K Ingredient L 25 kg at £2 per kg 75 kg at £1 per kg 50 kg at £4 per kg In November, 23,000 kg of Topgrow was produced and 5,000 kg of J, 16,000 kg of K and 15,000 kg of L were used. What was the material yield variance in November?
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