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HW 9.docx Non enregistr pour le mo. HW 9: Chap 10 You need 2 units of RM1 to produce one unit of the product P1,

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HW 9.docx Non enregistr pour le mo. HW 9: Chap 10 You need 2 units of RM1 to produce one unit of the product P1, at 5 $ per unit (of RM1); actual activity of P1 = 20 000 units of finished goods. You purchased and used actually 30 000 units of RM1 at a total cost of 100 000$ Required: 1/ Calculate the price variance and the quantity variance of RM1 2/ Calculate the standard and the actual cost of RM1 to produce one unit of P1, what do you propose 3/ Calculate the spending variance using the flexible and the actual budget A

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