Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Johns Weed-B-Gone yard service sprays lawns to rid them of weeds. John mixes the two chemicals, Weed-X and Pest-O, in proportions depending on the climate

Johns Weed-B-Gone yard service sprays lawns to rid them of weeds. John mixes the two chemicals, Weed-X and Pest-O, in proportions depending on the climate and the particular weed problems of the season. A standard mix calls for a gallon of the mixture to combine equal parts of Weed-X and Pest-O. Weed-X has a standard cost of $7.95 per gallon and Pesto-O has a standard cost of $21.20 per gallon. Each gallon can treat 100 square yards of lawn. John expects to treat 1,020,000 square yards of lawn.

For the past season, John treated 920,000 square yards. He used 6,840 gallons of Weed-X and 5,400 gallons of Pest-O. He paid a total of $56,088 for the Weed-X and $109,080 for the Pest-O.

Required:
(a)

Compute the materials price and efficiency variances for the season. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Do not round your intermediate calculations. Round "Efficiency variances" value to 2 decimal places.)

(b)

Compute the materials mix and yield variances for the season. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance).Do not round your intermediate calculations. Round your answers to 2 decimal places.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Total Quality Safety Management And Auditing

Authors: Michael B. Weinstein

1st Edition

1566702836, 978-1566702836

More Books

Students also viewed these Accounting questions

Question

Accrue wages earned by the employees.

Answered: 1 week ago

Question

Explain the serial-position curve and why it occurs.

Answered: 1 week ago