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B C fx D E F Question 5 Alok Pharmacy Ltd. is engaged in producing preventive medicines 'Corona Warrior' for growing children. It produces 'Corona
B C fx D E F Question 5 Alok Pharmacy Ltd. is engaged in producing preventive medicines 'Corona Warrior' for growing children. It produces 'Corona Warrior' in a batch of 10 kgs. Standard material inputs required for 10 kgs. of 'Corona Warrior' are as below: Material Quantity (in kgs.) Rate per kg. (in Rs.) 5 X D 3 L 3 110 320 460 During the month of March, 2020, actual production was 5,000 kgs. of Corona Warrior' for which the actual quantities of material used for a batch and the prices paid thereof are as under: Material Quantity (in kgs.) Rate per kg. (in Rs.) X D L 6 2.5 2 115 330 405 You are required to calculate the following variances based on the above given information for the month of March, 2020 for Alok Pharmacy Ltd.: (i) Material Cost Variance; Material Price Variance; (!!) (iii) Material Usage Variance; (iv) Material Mix Variance; (v) Material Yield Variance Instructions Q1 Q2a Q2b Q3 Q4 Q5 +
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