Tripple C ltd manufactures a single product branded ZL and product ZL requires three types of raw materials namely F,G and H.

The standard cost for one unit of ZL is as follows:

-Material. F. G. H

Quantity (Kgs). 15. 12. 8

Price per Kg(Sh.) 400. 300. 600

Total cost (Sh.). 6000. 3600. 4800

-Material.

Standard loss. Quantity

(3)

Standard yield

32

Labour Dep X. Dep Y

Hours 4. 2

Rate per hour (Sh.) 1000. 600

Total cost(Sh.) 4000. 1209

Additional Information:

1. During the month of April 2019, the budgeted production and sales were 4096 kgs of product ZL at sh1,600 per kg.
2. The actual quantities of materials and labour used in the month of April 2019 for 120 batches of product ZL were as follows :

-Material F. G. H

Quantity (kgs). 1680. 1650. 870

Price per Kg (Sh.). 425. 280. 640

Total cost (Sh.).

('000') 714. 462. 556.8

Labour Dep X. Dep Y

Hours 600. 270

Rate per hour. 1060. 560

Total cost

('000'). 636. 151.2

3. The actual yield was 3,648 kgs

Required:

1. Materials price variance
2. Materials usage variance
3. Materials mix variance
4. Materials yield variance
5. Labour cost variance