Diva Dog Treat Ltd. manufactures a vegetarian chew biscuit for puppies. The dog biscuit uses a multigrain formula that sometimes varies depending on supplier cost and availability. The company produces a standard lot of 50,000 kilograms of biscuits. The standard for each batch is as follows: Whole wheat Quinoa Spelt Cost per kg $1.20 $2.50 $3.50 Whole wheat Quinoa Spelt In May, Diva produced 50,000 kilograms of biscuits. The actual use of grain for the month was as follows: Kg used kgs used 27,500 16,000 6,500 30,000 15,000 5,000 Cost per kg $1.25 $2.40 $3.25 In June, Diva produced a 51,500 kg batch of biscuits. The actual use of grain for the month was as follows: (Actual costs in June were back to standard) Whole wheat 31,000 Quinoa 16,000 Spelt 5,000 Required a) What is the total mix variance for May and for June? b) What is the total vield variance for May and for June?

Diva Dog Treat Ltd. manufactures a vegetarian chew biscuit for puppies. The dog biscuit uses a multigrain formula that sometimes varies depending on supplier cost and availability. The company produces a standard lot of 50,000 kilograms of biscuits. The standard for each batch is as follows: Whole wheat Quinoa Spelt Cost per kg $1.20 $2.50 $3.50 Whole wheat Quinoa Spelt In May, Diva produced 50,000 kilograms of biscuits. The actual use of grain for the month was as follows: Kg used kgs used 27,500 16,000 6,500 30,000 15,000 5,000 Cost per kg $1.25 $2.40 $3.25 In June, Diva produced a 51,500 kg batch of biscuits. The actual use of grain for the month was as follows: (Actual costs in June were back to standard) Whole wheat 31,000 Quinoa 16,000 Spelt 5,000 Required a) What is the total mix variance for May and for June? b) What is the total vield variance for May and for June?

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Description: Please do not give solution in image format thanku Diva Dog Treat Ltd. manufactures a vegetarian chew biscuit for puppies. The dog biscuit uses amultigrain formula that sometimes varies depending on supplier cost and availability. Thecompany produces

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter11: Strategic Cost Management

Section: Chapter Questions

Problem 21E: This year, Hassell Company will ship 4,000,000 pounds of chocolates to customers with total...

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