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The Shum Company makes a product, Z, from two materials: X and Y. The standard prices and quantities are as follows: X Y Price per
The Shum Company makes a product, Z, from two materials: X and Y. The standard prices and quantities are as follows:
X | Y | |||||
Price per pound | $ | 6.0 | $ | 9 | ||
Pounds per unit of product Z | 9.0 | 6 | ||||
In May, 20,000 units of Z were produced by Shum Company, with the following actual prices and quantities of materials used:
X | Y | |||||
Price per pound | $ | 24.70 | $ | 27.40 | ||
Pounds used | 197,000 | 152,000 | ||||
What is the total direct materials mix variance for May? (Do not round intermediate calculations.)
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