Yatoro Chemical Company manufactures a wide variety of chemical compounds and liquids for industrial uses. The standard mix for producing a single batch of 500 galloons of one liquid is as follows: Liquid Chemical Qty. in Gallons Cost per Gallon Total Cost Salve 100 P2.00 P200 Clarity 300 0.75 225 Tanggo 225 1.00 225 625 P650 There is a 20% loss in liquid volume during processing due to evaporation. The finished liquid is put into 10-gallon bottles for sale. Thus, the standard materials cost for a 10-gallon bottle is P13. A total of 4,000 bottles (40,000 gallons) were produced during November. The actual quantities and costs of the materials placed in production during November were as follows.: Liquid Chemical Qty. in Gallons Total Cost Tanggo 18,540 P16,686 Salve 8,480 17,384 Clarity 25,200 17,640 What is Yatoro’s mix variance? Group of answer choices P91.20 unfavorable P90.50 favorable P91.20 favorable P90.50 unfavorable
12.
Yatoro Chemical Company manufactures a wide variety of chemical compounds and liquids for industrial uses. The standard mix for producing a single batch of 500 galloons of one liquid is as follows:
|
Liquid Chemical |
Qty. in Gallons |
Cost per Gallon |
Total Cost |
|
Salve |
100 |
P2.00 |
P200 |
|
Clarity |
300 |
0.75 |
225 |
|
Tanggo |
225 |
1.00 |
225 |
|
|
625 |
|
P650 |
There is a 20% loss in liquid volume during processing due to evaporation. The finished liquid is put into 10-gallon bottles for sale. Thus, the
A total of 4,000 bottles (40,000 gallons) were produced during November. The actual quantities and costs of the materials placed in production during November were as follows.:
|
Liquid Chemical |
Qty. in Gallons |
Total Cost |
|
Tanggo |
18,540 |
P16,686 |
|
Salve |
8,480 |
17,384 |
|
Clarity |
25,200 |
17,640 |
What is Yatoro’s mix variance?
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