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The standard mix for the production of 50 units is A 5 kg @ Sh.80, B 15 kg @ Sh.40. During a week in January
The standard mix for the production of 50 units is A 5 kg @ Sh.80, B 15 kg @ Sh.40. During a week in January 7,200 units were produced and materials used were; A 600 kg @ Sh.70, B 2,200 kg @ Sh.50 Required: Calculate Material Cost Variance, Price Variance, Mix Variance and Yield Variance.
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