Section A (10 marks)

Q. The following information relates to Mark LLC for the financial year 2019-2020:

Standard Mix: Material A SQ 450 kgs SP 200 dhs / kg

Material B SQ 150 kgs SP 400 dhs / kg

Total 600 kgs

Actual Mix: Material A AQ 500 kgs AP 200 dhs / kg

Material B AQ 200 kgs AP 400 dhs / kg

Total 700 kgs

You are required to calculate the following:

Material Mix Variance

Note: answers should be in word format