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In a manufacturing enterprise, the production of goods is made using two raw materials: soap and amber. The standards and actual results for both raw
In a manufacturing enterprise, the production of goods is made using two raw materials: soap and amber.
The standards and actual results for both raw materials used in production are shown in the following table.
Raw Material Standard Quantity Standard Price Actual Quantity Actual Price
Soap Some 10,000 kg 0.05 TL/kg 10,500 kg 0.045 Tl/kg
Amber 50 kg 25 TL/kg 55 kg 26 TL/kg
Requested: Calculate quantity and price deviation for both raw materials using the information in the table.
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