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33 Material Usage Variance is not shown separately, since it is not required in the Question 3. Material Cost Variances N 10 The Standard Cost
33 Material Usage Variance is not shown separately, since it is not required in the Question 3. Material Cost Variances N 10 The Standard Cost for producing 180 kgs of a product whose Raw Material inputs are A and B is given below- Material A 60 kgs at 10 per kg 3600 Material B 140 kgs at 72 per kg 3 280 * 880 The Actual Prices of A and B were 12 and 78 per kg respectively. Consumption of B was 108 kg. The Actual Output at 80% yield was 144 kg. Calculate for Direct Material () Mix Variance, (ii) Yield Variance, (ii) Price Variance, and (iv) Usage Variance
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