XYZ Ltd has established the following standard mix for producing 9 gallons of A ...

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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Solution:

ekkarill92 answered 1 year ago

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