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.

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28) Variance analysis
The standard materials cost of product D456 is as follows.
Rwf "000
Material X
3 kg at Rwf2,000 per kg
6
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.
Required
Calculate the following variances.
a) Price variances
b) Mix variances
c) Yield variances – in total and for each individual material
Activate W
Transcribed Image Text:28) Variance analysis The standard materials cost of product D456 is as follows. Rwf "000 Material X 3 kg at Rwf2,000 per kg 6 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. Required Calculate the following variances. a) Price variances b) Mix variances c) Yield variances – in total and for each individual material Activate W
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