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The following information is available for the production of utils: STANDARDS Ingredients Pounds Price per pound Total A 400 $2 $800 B 800 4 3,200
The following information is available for the production of utils:
STANDARDS
Ingredients Pounds Price per pound Total
A 400 $2 $800
B 800 4 3,200
C 800 6 4,800
Input 2,000
Output 1,500
ACTUAL RESULTS
Ingredients Pounds Price per pound
A 50,000 $2.10
B 60,000 3.95
C 90,000 7.00
Input 200,000
Output 120,000
REQUIRED: Calculate the mix variance.
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