Question
Image transcription text Husky Peaches produces peach pie filling from three varieties of Peaches; Niagara, Georgia Sweet, and Pitless. Budgeted direct material quantities and costs
Image transcription text
Husky Peaches produces peach pie filling from three varieties of Peaches; Niagara, Georgia Sweet, and Pitless. Budgeted direct material quantities and costs to produce 100,000 litres of peach pie filling are: Ingredient Kilograms Cost/Kilogram Total Cost Niagara 30,000 $0.22 $ 6,600 Georgia Sweet ' 15,000 - $ 047 $ 7,050 Pitless 30,000 $0.17 $5,100 Totat | | | ] $ 18,750 Actual costs and quantities to produce 105,000 litres of peach pie filling were: Ingredient | Kilograms Total Cost Niagara 29,000 $7,130 Georgia Sweet $ 10,560 Pitless $ 4,800 Total $ 22,490 REQUIRED: 1. Calculate the Direct Materials Rate Variance (5 points) 2. Calculate the total Direct Materials Efficiency Variance (5 points) 3. Calculate the Direct Materials Mix Variance (5 points) 4. Calculate the Yield Variance (5 points)
Husky Peaches produces peach pie filling from three varieties of Peaches; Niagara, Georgia Sweet, and Pitless. Budgeted direct material quantities and costs to produce 100,000 litres of peach pie filling are: Ingredient Kilograms Cost/Kilogram Total Cost Niagara 30,000 $ 0.22 $ 6,600 Georgia Sweet 15,000 $ 0.47 $ 7,050 Pitless 30,000 $ 0.17 $5,100 Total $18,750 Actual costs and quantities to produce 105,000 litres of peach pie filling were: Ingredient Niagara Georgia Sweet Pitless Total Kilograms Total Cost 29,000 $ 7,130 22,000 $ 10,560 30,000 $ 4,800 $ 22,490 REQUIRED: 1. Calculate the Direct Materials Rate Variance (5 points) 2. Calculate the total Direct Materials Efficiency Variance (5 points) 3. Calculate the Direct Materials Mix Variance (5 points) 4. Calculate the Yield Variance (5 points)
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