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Roast Ltd manufacture and sell packets of ground coffee. The following information relates to the standard costing information for their best selling blend: Standard usage

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Roast Ltd manufacture and sell packets of ground coffee. The following information relates to the standard costing information for their best selling blend: Standard usage of material per packet of coffee: 1 kg Standard price of one kg of coffee beans: 2 Labour Hours to produce one packet of coffee: 0.1 Hours Standard Labour cost: 12 per hour. Actual operational results for the month of April are as follows: Packets planned to be produced: 12,000 Packets actually produced: 11,000 Actual usage of material was 10,800 Kg costing a total of 24,300. Actual Labour hours were 1,000 costing 13,500. Question 15: Calculate the Material Price Variance. Give your answer to the nearest whole pound. YOU MUST Enter an For an A after the numerical answer to indicate whether the variance is Favourable or Adverse, respectively. Do NOT leave a space between the number and the letter. Do NOT enter a variance as a negative number or with a sign. Blank 1 Blank 1 Add your

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