Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. Calzada Company produces Four-season drinks by mixing juices of four fruit in season. The standard costs and input for a 50-liter batch of the

image text in transcribed
1. Calzada Company produces Four-season drinks by mixing juices of four fruit in season. The standard costs and input for a 50-liter batch of the juice are as follows: Fruit Standard Standard Total input quantity Price per unit Standard cost (in units) Santol 20 10.00 200 Mango 10 21.75 212.5 Pineapple 25 7.5 187.5 Tamarind 5 15 75 The quantities purchased and used during the current month are shown below. A total of 14 batches were produced during the month: Fruits Quantity Purchase Quantity Purchased Price Used Santol 300 9.50 290 Mango 150 22 130 Pineapple 350 7.20 350 Tamarind 80 15.40 75 Required: a. Total Materials cost variance b. Materials Purchase Price Variance c. Materials Usage Price Variance d. Materials Mix Variance e. Materials Yield Variance

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Comprehensive Assurance & Systems Tool An Integrated Practice Set

Authors: Laura R Ingraham, J Greg Jenkins

3rd Edition

0133251969, 9780133251968

More Books

Students also viewed these Accounting questions

Question

Outline your expectations on the course corporate reporting

Answered: 1 week ago

Question

Population

Answered: 1 week ago

Question

The feeling of boredom.

Answered: 1 week ago