Question One (20 marks) CHOCOCAM S.A. manufactures a simple product (MAMBO), the standard mix of which i S: Material A: 40% at CFAF 100 per kg. Material B: 60% at CFAF 200 per kg Normal loss in production is 20 % of input. During a month, 165Kgs of product were produced from the use of 95Kgs of Material A at CFAF 90 per kg and 105Kgs of Mate rial B at CFAF 200 per kg. Required: Calculate the following material variances: a) Material Cost Variance (MCV) (4 marks) b) Material Price Variance (MPV) (4 marks) c) Material Usage Variance (MUV) (4 marks) d) Material Mix Variance (MMV) (4 marks) e) Material Yield Variance (MYV) (4 marks) 20 30 Total (20 marks) Question Two (10 marks) ABC Limited manufactures two products-A and B. It takes 2 hours to manufactures a unit of product A and 3 hours to manufactures a u nit of product B Product A Product B Direct materials (CFAF) Direct labour at 8 CFAF/hour 16 24 Variable cost at 5 CFAF/hour 10 15 Selling price 80 100 Required: a) Calculate the contribution per limiting factor for the various products. (4 mar ks) b) Assuming that the number of working hours available to the company is 50,000 h ours and that the total f ked cost is CFAF 450,000; what is the proft for both produ cts in the company? (6 marks) Question One (20 marks) CHOCOCAM S.A. manufactures a simple product (MAMBO), the standard mix of which i S: Material A: 40% at CFAF 100 per kg. Material B: 60% at CFAF 200 per kg Normal loss in production is 20 % of input. During a month, 165Kgs of product were produced from the use of 95Kgs of Material A at CFAF 90 per kg and 105Kgs of Mate rial B at CFAF 200 per kg. Required: Calculate the following material variances: a) Material Cost Variance (MCV) (4 marks) b) Material Price Variance (MPV) (4 marks) c) Material Usage Variance (MUV) (4 marks) d) Material Mix Variance (MMV) (4 marks) e) Material Yield Variance (MYV) (4 marks) 20 30 Total (20 marks) Question Two (10 marks) ABC Limited manufactures two products-A and B. It takes 2 hours to manufactures a unit of product A and 3 hours to manufactures a u nit of product B Product A Product B Direct materials (CFAF) Direct labour at 8 CFAF/hour 16 24 Variable cost at 5 CFAF/hour 10 15 Selling price 80 100 Required: a) Calculate the contribution per limiting factor for the various products. (4 mar ks) b) Assuming that the number of working hours available to the company is 50,000 h ours and that the total f ked cost is CFAF 450,000; what is the proft for both produ cts in the company? (6 marks)