Question
You have the following information 1- Standard card for the production of one unit:- Standard Quantity 2 kg/unit h3 kg/ unit Standard Cost Standard
You have the following information 1- Standard card for the production of one unit:- Standard Quantity 2 kg/unit h3 kg/ unit Standard Cost Standard Price 100 D/kg 80 D/kg Items 200 dinars/unit- Item (1) Item (2) When mixing (1,2) we get a product weighing 4 kg:- 2-The actual information during the period was as follows:- item (1) quantity used 4650 kg at 25 dinars / kg and item (2) quantity used 7750 kg t 90 dinars / kg Number of units produced 2500 units. Required:- 1 - Prepare the performance report 2- Calculate direct material variances (price, quantity, mix, yield). 240 dinars /unit
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Analysis for Financial Management
Authors: Robert Higgins
11th edition
77861787, 978-0077861780
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