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San Francisco Corporation uses two materials in the production of its product. The materials, X and Y, have the following standards: Material Standard Mix Standard
San Francisco Corporation uses two materials in the production of its product. The materials, X and Y, have the following standards:
Material | Standard Mix | Standard Unit Price | Standard Cost | |||
X | 3,500 units | $1.00 per unit | $3,500 | |||
Y | 1,500 units | 3.00 per unit | $4,500 | |||
Yield | 4,000 units |
During April, the following actual production information was provided:
Material | Actual Mix | |
X | 30,000 units | |
Y | 20,000 units | |
Yield | 36,000 units |
What is the materials usage variance?
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