Question
Question Five Sheki Sheki Ltd manufactures a chemical dynomite, using 2 compounds flash and Bang. The standard material usage and cost of one unit of
Question Five Sheki Sheki Ltd manufactures a chemical dynomite, using 2 compounds flash and Bang. The standard material usage and cost of one unit of dymite are as follows:
Flash (5 kg @ K2 per kg) | K10 |
Bang (10 kg @ K3 per kg) | K30 |
K40 |
In a particular period, 80 units of dymites where produced from 500 kg of flash and 750 kg of bang. Required a) Define the terms Mix and Yield variances (2 Marks) b) Calculate the material usage variance for compounds flash and bang (5 Marks) c) Calculate the Mix variances (8 Marks) d) Calculate the Yield variances (6 Marks) e) What are planning and operational variances (4 Marks
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