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XYZ Ltd has established the following standard mix for producing 9 gallons of A GH 5 gallons material X at GHc 7 per gallon 35
XYZ Ltd has established the following standard mix for producing 9 gallons of A GH 5 gallons material X at GHc 7 per gallon 35 3 gallons Material Y at GHc 5 per gallon 14 2 gallons- Material Z at GHc 2 per gallon 4 A standard loss of 10% of input is expected to occur. Actual input was: Material X-53,000 gallons at Ghc 7 per gallon Material Y-28,000 gallons at GHc 5.30 per gallon Material Z- 19,000 gallons at Ghc 2.20 per gallon Actual output for the period was 92,700 gallons Calculate: i. Material Mix Variance ii. Material Yield Varience
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