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Assembly of product P13 requires one unit of component X, twounits of component Y, and three units of component Z. JobJ372 produced 220 units of
Assembly of product P13 requires one unit of component X, twounits of component Y, and three units of component Z. JobJ372 produced 220 units of P13. THe following information pertains to material variances for this job, analyzedby componet:
Component
X Y Z
Pricevariance 160U 120F 192U
Quantityvariance 168U 100U 84F
The actual material prices were 0.30 more, 0.20 less, and 0.50more per unit for components X,Y,Z respectively, than theirstandard material prices per unit.
a. Determine the number of materials units consumed ofeach type of component.
b. Determine the standard materials price per unit ofeach type of component.
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