Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Present your answer as ex. 1000 FAVORABLE OR 1000 UNFAVORABLE if applicable. MARINA Bottlers Inc, a leading softdrinks company is producing their bottle requirements. For

Present your answer as ex. 1000 FAVORABLE OR 1000 UNFAVORABLE if applicable.
MARINA Bottlers Inc, a leading softdrinks company is producing their bottle requirements. For each case of 24 eight-ounce bottles, the company prescribed the following standard product mix: Material A @ 2.4 lb, P50/lbs; Material B @ 6 lb, P22/lbs and Material C @1.6 lbs, P15/lb.

During the month of August, 25,000 cases were produced from an input of:

Material Pounds Cost/lb
A 63,700 P49.00
B 125,200 20.50
C 48,100 16.00

REQUIREMENT:

1. COMPUTE FOR THE MATERIALS MIX VARIANCE

2. COMPUTE FOR THE MATERIALS YIELD VARIANCE


Step by Step Solution

There are 3 Steps involved in it

Step: 1

Answer To compute the materials mix variance and the materials yield variance we can use the followi... 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

Accounting Principles

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

10th Edition

1119491630, 978-1119491637, 978-0470534793

More Books

Students also viewed these Accounting questions

Question

What opportunities exist for raises and advancement?

Answered: 1 week ago

Question

name any 3 parts of Start button pop - up window

Answered: 1 week ago

Question

=+created using the same application framework.

Answered: 1 week ago

Question

How many of these do you use each week?

Answered: 1 week ago