Comprehensive variance analysis. (CMA, adapted) Aunt Molly’s Old Fashioned Cookies bakes cookies for a chain of retail stores. The company’s best-selling cookie is chocolate nut 1.

a. Selling price variance U supreme, which is marketed as a gourmet cookie and regularly sells for $9.60 per kilogram.The standard input cost per kilogram of chocolate nut supreme, based on Aunt Molly’s normal

% monthly production of 400,000 kilograms, is calculated as follows:LO1

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Cost Item Direct materials: Standard Quantity Unit Cost Total Cost Cookie mix Milk chocolate 625 g $0.384 per kg $0.24 312.5 g $2.88 per kg 0.90 Almonds 62.5 g $9.60 per kg 0.60 $1.74 1,000 g = 1 kg Direct labour Mixing 1 minute $17.28 per hour $0.288 Baking 2 minutes $21.60 per hour 0.720 $1.008