Problem 4 Gemini Chemical Industries provide the following information from their records: For making 10 units...

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Problem 4 Gemini Chemical Industries provide the following information from their records: For making 10 units of Gemco, the standard material requirement is: Material A Quantity 8 kgs 4 kgs Rate per kg 6.00RO 4.00RO B During April 2019, 1000 units of Gemco were produced. The actual consumption of material is as under: Material A B Quantity Rate per kg 750 kgs 7.00RO 500 kgs 5.00RO Calculate (a) Material Cost Variance (b) Material Price Variance (c) Material Quantity Variance (d) Material Mix Variance (e) Material Yield Variance. Problem 4 Gemini Chemical Industries provide the following information from their records: For making 10 units of Gemco, the standard material requirement is: Material A Quantity 8 kgs 4 kgs Rate per kg 6.00RO 4.00RO B During April 2019, 1000 units of Gemco were produced. The actual consumption of material is as under: Material A B Quantity Rate per kg 750 kgs 7.00RO 500 kgs 5.00RO Calculate (a) Material Cost Variance (b) Material Price Variance (c) Material Quantity Variance (d) Material Mix Variance (e) Material Yield Variance.