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. Part II: Objective questions: Ol: Choc Co is a company which manufactures and sel three types of biscuit in packets. One of them is
. Part II: Objective questions: Ol: Choc Co is a company which manufactures and sel three types of biscuit in packets. One of them is called 'Ooze and contains three types of sweetener: honey, sugar and syrup. The standard materials usage and cost for one unit of ooze, (one packet) is as follows: Sugar Syrup 20 grams at $0.02 per gram 15 grams at $0.03 per gram 10 grams at $0.025 per gram 0.40 0.45 0.25 1.10 In the three months ended 30 November, Choc Co. prodused 000 units of 'Ooze' using 2200kg of honey, 1400kg o suga and 1050kg of syrup. Note: there are 1000 grams in a kil (kg) . Required: Calculate the following variances for materials in Ooze: (a) Total materials usage variance; (b) Total materials mix variance; (c) Total materials quantity (yield) variance
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