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Chype inc produces cologne mist using a solvent mix (water and pure aicohol) and aromatic compounds (the scent base) which it sells to other companies
Chype inc produces cologne mist using a solvent mix (water and pure aicohol) and aromatic compounds (the scent base) which it sells to other companies for bottling and sale to consumers. Chypre developed the followina standard cost sheet: A standard loss of 10% of input is expected to occur. On 2 May, Chypre produced a batch of 1000 litres with the following actual results: sol 0,95 Aro 0,05 Required: 3.1 Calculate the total direct materials usage variance. (8)
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