Windward Chemicals produces a product using a process that allows for substitution between two materials, Sol-1 and
Question:
Windward Chemicals produces a product using a process that allows for substitution between two materials, Sol-1 and Sol-2. The company has the following direct materials data for its product:
The company had the following results in June:
Required
a. Compute materials price and efficiency variances.
b. Compute materials mix and yield variances.
Transcribed Image Text:
Standard costs for one unit of output Sol-1 Sol-2... 60 units of input at $3.00 120 units of input at $4.50
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a and b Material Sol1 Sol2 Total Actual AP x AQ 270x132 ...View the full answer
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