28) Variance analysis The standard materials cost of product D456 is as follows. Rwf *000 Material X 3 kg at Rwf2,000 per kg 5 kg at Rwf3,600 per kg Material Y 18 24 During period 2, 2,000 kg of material X (costing Rwf4,100,000) and 2,400 kg of material Y (costing Rwf9,600,000) were used to produce 500 units of D456.

28) Variance analysis The standard materials cost of product D456 is as follows. Rwf *000 Material X 3 kg at Rwf2,000 per kg 5 kg at Rwf3,600 per kg Material Y 18 24 During period 2, 2,000 kg of material X (costing Rwf4,100,000) and 2,400 kg of material Y (costing Rwf9,600,000) were used to produce 500 units of D456.

Name: 28) Variance analysisThe standard materials cost of product D456 is a
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Description: 28) Variance analysisThe standard materials cost of product D456 is as follows.Rwf "000Material X3 kg at Rwf2,000 per kg65 kg at Rwf3,600 per kgMaterial Y1824During period 2, 2,000 kg of material X (costing Rwf4,100,000) and 2,400 kg of material Y(c

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Problem 14: MIX AND YIELD VARIANCE Production of each unit of 001 requires 8 lbs. of B at a cost of P9 per lb. and 4 Ibs. of X at P11.20 per lb. However, for production of 1,000 units of 001 10,000 Ibs. were used, 75% of which was for material B at a cost of P8 per lb. for B and P9 per lb. for X. Required: Compute the material price, mix, and yield and quantity variance.
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