REQUIRED:

Calculate the following:

1. Material mix variance (6)

2. Material yield variance (6)

3. Fixed manufacturing overheads volume capacity variance (3)

INFORMATION: Energis Manufacturers produces a product which has the following standard costs: Material A: 4 kilograms at R10 per kilogram Material B: 5 kilograms at R15 per kilogram Direct labour: 6 hours at R10 per hour Fixed overheads: R120 000 Budgeted production: 10 000 units Actual results for November 2019 were as follows: Material A: 50 000 kg at R12 per kilogram Material B: 64 000 kg at R14 per kilogram Direct labour: 66 000 hours at R11 per hour Fixed overheads: R122 000 Production: 12 000 units