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Calculate the material mix Variance from the followings: Material Standard Quantity Actual Quantity Alpha 50 Units @ 5 each 60 Units @ 5 each Beta

Calculate the material mix Variance from the followings:

Material

Standard Quantity

Actual Quantity

Alpha

50 Units @ 5 each

60 Units @ 5 each

Beta

40 Units @ 10 each

30 Units @ 12 each

Solution:

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