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The king company produces toilets for nation distrubiton standers for partial toilet are: Materials 9 kg per unit at $2 per kg During the month
The king company produces toilets for nation distrubiton
standers for partial toilet are:
Materials 9 kg per unit at $2 per kg
During the month of may, the company produced 1000 units. Imfo for the month follows:
Materials:10,000 kg were purchased and used at a total cost of 17000
a) caluculate the materials price variance and state if its favourable or unfavourable
b) calculate materials quantity variance andstate if its favourable or unfavourable
c) state one reason why these variances in part a ) and b) could be favourable or unfavourable
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