The standard product mix for making 12,500 tubes of liquid solder is: Kgs Cost/unit Total cost Material A 1,500.00 0.06 90.00 Material B 625,000 0.40 250.00 Material C 1,000,000 0.25 250.00 During April, 77,500 tubes were produced from an input of: Kgs Cost/unit Total cost Material A 8,750.00 0.056 490.00 Material B 3,750.00 0.380 1,425.00 Material C 6,250.00 0.280 1,750.00 Compute for the materials yield variance. Indicate whether favorable to unfavorable.
The standard product mix for making 12,500 tubes of liquid solder is: Kgs Cost/unit Total cost Material A 1,500.00 0.06 90.00 Material B 625,000 0.40 250.00 Material C 1,000,000 0.25 250.00 During April, 77,500 tubes were produced from an input of: Kgs Cost/unit Total cost Material A 8,750.00 0.056 490.00 Material B 3,750.00 0.380 1,425.00 Material C 6,250.00 0.280 1,750.00 Compute for the materials yield variance. Indicate whether favorable to unfavorable.
Cornerstones of Cost Management (Cornerstones Series)
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Author:Don R. Hansen, Maryanne M. Mowen
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Chapter2: Basic Cost Management Concepts
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Problem 13E: Wyandotte Company provided the following information for the last calendar year: During the year,...
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The standard product mix for making 12,500 tubes of liquid solder is:
Kgs Cost/unit Total cost
Material A 1,500.00 0.06 90.00
Material B 625,000 0.40 250.00
Material C 1,000,000 0.25 250.00
During April, 77,500 tubes were produced from an input of:
Kgs Cost/unit Total cost
Material A 8,750.00 0.056 490.00
Material B 3,750.00 0.380 1,425.00
Material C 6,250.00 0.280 1,750.00
Compute for the materials yield variance. Indicate whether favorable to unfavorable.
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